Keynote speaker Paul Klaassen from Washington DC founded Sunrise Senior Living in 1981 at age 25 and has since built 460 communities across four countries, with 51,000 residents and 42,000 employees. After averaging 20 to 30 new communities a year, he stated they have ceased all new development and retrenched all development staff because of the global financial crisis.
Lowest number of aged care beds on record added in 2024-25
Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.