The Productivity Commission has delayed the release of its initial report from December until January 21st, 2011. A number of reasons were cited for the new date, one of which is the delay by the Department of Health and Ageing in submitting their response. The final report will be presented by the Productivity Commission to Government by the end of June 2011.
Legal Issues
VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
