The Victorian health Minister, David Davis, has confirmed plans to sell 1000 aged care beds to private and not-for-profit providers for an expected $75 million, stating they can achieve lower costs than the government. Not-For-Profit operator Southern Cross Care has taken over Peninsula Health which the government points to as a very successful collaboration.
Retirement living’s biggest moves: January to June 2025
A month-by-month breakdown of the key deals, approvals, launches and leadership changes shaping the retirement living and land lease sector in the first half of the year. JANUARY 6 Eureka Group plans $25M-$30M asset recycling of over-55s rental...