Retirement and Community Living

Only in SATURDAY: “Village managers are deemed business critical”

Nov 10 2024 Updated November 10, 2024

Ian Horswill

1 min read

The role of the Village Manager is paramount in today’s retirement living landscape.

The issue is covered in depth in the latest SATURDAY subscription magazine. Read it and you will realise your business cannot do without the DCM Institute training program in today’s evolving sector.

Read SATURDAY here. If you are not a subscriber, click here.

Breaking news: Government delays new Aged Care Act

Minister for Health and Ageing Mark Butler and Minister for Aged Care and Seniors Sam Rae announced this morning that commencement of the new Aged Care Act on 1 July 2025 will be delayed four months until 1 November 2025.

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Caroline Egan

04 Jun 2025

Government Policy

RLC and StewartBrown lobbying sees retirement village operators’ proposed liquidity ratio cut from 10% to 2%

Daniel Gannon, Executive Director of the Retirement Living Council, said the Aged Care Quality and Safety Commission’s proposal to make residential aged care providers operating independent living units (ILUs) and retirement villages retain 10% of ILU and retirement village refundable amounts as liquid funds from 1 July this year, has been reduced to 2%.

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Ian Horswill

26 May 2025

Sector Moves & People

Land lease operator GemLife eyes $700M+ raise at $2B valuation

GemLife’s bankers, JPMorgan, Morgan Stanley and Highbury Partnership, took about two dozen fund managers through four sites in Queensland on Monday and Tuesday last week, ahead of a non-deal roadshow planned for Asia this week as the business...

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Ian Horswill

26 May 2025

Opinion

Why the delayed Aged Care Act is a double-edged sword

Just 17 business days out from its long-awaited start, the Federal Government has delayed the new Aged Care Act – again. It’s the third time the legislation has been pushed back, and while the pause has been welcomed by peak bodies and providers, make no mistake: this delay comes at a cost.

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Lauren Broomham

05 Jun 2025

Property developer revises proposed $170M seniors’ living development in Sydney’s Inner South

Corio Projects has proposed the demolition of existing buildings to make way for an integrated seniors’ living development in Rosebery, 6km south of Sydney’s CBD. The development includes 170 independent living units and a 34-bed residential aged care facility.

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Noble Life introduces ‘Buy now, pay later’ option as work starts on its first land lease community in southeastern Tasmania

Noble Life Director Daniel Noble said Stage One of the over 50s resort in New Norfolk, a riverside town 20km from Hobart, was now officially underway and the homes have been released for pre-sale. “Stage One will deliver 26 two- and three-bedroom...

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Ian Horswill

06 Jun 2025

Development

New BaptistCare aged care facility set to open in southwest Sydney

BaptistCare is preparing to open its newest home, 96-bed Glendale Lodge, in Elderslie, 60km southwest of the centre of Sydney.

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Caroline Egan

05 Jun 2025

Development

Northern Melbourne Council approves four-storey aged care development – but do they have an operator?

City of Whittlesea local government area has approved plans to build a medical and aged care complex on a vacant site 40km from the Melbourne CBD, with Mayor Councillor Martin Taylor saying the proposal “meets a community need for medical and aged services”.

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Caroline Egan

04 Jun 2025