SATURDAY is business: Can private aged care go beyond rich suburbs?

What if the smartest way to make money in retirement living is to promise not to take any at the end?

SATURDAY digital magazine talks to the sector’s leaders. Laurie Boxwell, Anglicare Sydney’s Group Executive Seniors Communities, tell us that Anglicare is using the example of $2 million homes to brief prospective residents at its Castle Hill retirement village and committing to return the full amount when the resident leaves. 

That’s no 30% Deferred Management Fee or six-figure departure deduction. Instead, a $300,000 Village Membership fee is paid upfront – and certainty is locked in. 

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