Conversations with village operators over Christmas indicate that sales have been hit by up to 50% across Australia. The discretionary sale to lifestyle seekers has all but evaporated; declining health has re-emerged as the main motivator, as demonstrated by villages with care on site appearing to be more protected from the slump. (This was predicted by the McCrindle research study). To give you a snapshot of the Christmas holiday period and the number of people searching for a village, we have attached the latest Google Report on visits to our web site, villages.com.au. It has climbed back to just under 1,000 people a day on Mondays and Tuesdays.
Is the DMF model dead? Anglicare CEO Simon Miller says yes
After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...