The Federal Government's own efficiency watchdog has bluntly criticised that the Department of Ageing. The report says Meeting regulatory requirements can come at the expense of providing better care. Staff are directed to paperwork, a perverse outcome in a regulatory system that is designed to improve the quality of care. It goes on to say there has been little concern to diminishing the costs of compliance. Also mentioned was the substantial increase in unannounced visits.
Topic - Acquisitions
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
