Maitland City Council has given the preliminary go-ahead for two proposed aged care developments, one on the St Johns College site at Morpeth and another at Rutherford. The application was submitted by Morpeth House Pty Ltd but, speaking on behalf of the development was Scott Mackay, representing Lend Lease.
“Not investable”: StewartBrown warns on aged care bed shortfall
StewartBrown’s March quarter 2024-25 Aged Care Financial Performance Survey has highlighted the looming shortage of aged care beds over the next 10 to 15 years, reinforcing the urgent need for sustained capital investment to meet growing demand...