Demonstrating that Not for Profits can access funds, Life Care has paid $9 million to acquire Anglicares Iloura aged care facility in Norwood and has now appointed Marchase Partners and Thinc Projects to modernise their other facilities plus their head office over 10 years. The funding requirement is $180 million. Their CEO, Allen Candy, says their aim is to modernise and de-institutionalise their facilities. Work has commenced on creating 35 new beds at a cost of $9 million at Aldinga Beach Court.
Don’t understand housing supply? Read these two excellent reports
Last week our Content Editor, Ian Horswill, walked up to me and said “you must read this report”. He was right, and it was very sobering. Titled ‘Rental Affordability Snapshot 2024’, published by Anglicare Australia, it broke down how many...