This week Stockland Retirement Pty. Ltd bought an additional 3.23 million shares in FKP, taking its shareholding from 5% to 6.15%, at a cost of approximately $3.3 million. Buying shares on the market at today's prices may reduce the number they have to buy at a higher price in six weeks time when their exclusive arrangement for assessing FKP is up.
Ageing Australia welcomes Quality Commission’s report on liquidity ratios
Ageing Australia has welcomed the Aged Care Quality and Safety Commission (ACQSC)’s review of proposed Liquidity Standards due to come in with the aged care reforms in November, saying the original proposal could have threatened investment in the ageing sector.