Perhaps the only person to make a killing out of the Prime Trust debacle is Phil Carter who sold his Morpeth village to Prime Trust for a reputed $10 million above expectation. His plans for Signature Gardens Retirement Resort is for 200 self care villas, an 80 bed care facility and a 20 room assisted living apartment building.
The Weekly SOURCE
66 recipients of Aged Care Capital Assistance Program grants announced
The Australia Government has announced 66 recipients of its Aged Care Capital Assistance Program with grants worth $300 million. The largest - a grant of more than $50 million - has gone to Southern Cross Care (QLD) to build a new 94-bed residential care home in Broken Hill, NSW.