Local residents and councillors have aired their objections about the plans to convert the heritage Park Orchards Chalet into 91-bed nursing home at a hearing of the Victorian Civil and Administrative Tribunal (VCAT). As anyone in the aged care industry will understand, heritage buildings arent the best fit for a facility. Manningham Council rejected Park Orchards Aged Services Property application in December but they lodged an appeal.
Oceania Healthcare lifts FY25 earnings on sales momentum, strategic reset underway
NZX-listed Oceania Healthcare has reported an underlying EBITDA of $86.0 million for the year ended 31 March 2025, a 4.1% increase on FY24, driven by steady sales momentum and an accelerated sell-down of stock. Sales volumes for FY25 reached 520...