December 3, 2020 Catholic Healthcare’s aged care homes generate $6.8M each in 2019/20 Further proof that it is possible to make a profit from residential aged care –…
December 3, 2020 Ryman Healthcare urged to repay $14.2M COVID wage subsidy in NZ The village and aged care operator has been urged to repay the funding it received…
December 1, 2020 ASIC investigating Perth-based retirement housing operator that went into liquidation – 7.30 Report says complaints made years before A failed retirement housing scheme that collapsed in 2019 is in the spotlight after the…
December 1, 2020 Regional NSW Council agrees to borrow funds to expand retirement villages to meet local demand Murray River Council is putting its money where its mouth is to support the expansion…
November 27, 2020 Soul Pattinson looking to make another play for Regis: The Australian More signs that the aged care sector is proving attractive to investors. The paper’s Dataroom…
November 26, 2020 Regis takeover bid sees sector-wide upgrade of aged care stocks – aged care can still be a profitable business if providers scale up Last week’s news that Soul Pattinson had launched a bid for the listed provider has…
November 26, 2020 Can you compare Government-run and ‘private’ aged care? State-run facilities can receive up to 50% more funding Last week, the Royal Commission released research that showed Government-run facilities performed better on quality…
November 25, 2020 Andrews Labor Government pledges $40 million to fund minimum staff-to-resident ratios in ‘private’ aged care – if Federal Government also chips in Victorian Premier Daniel Andrews (pictured above) famously pronounced back in July that he would not…
November 25, 2020 Victorian Government to provide up to five days’ sick leave for insecure workers – including aged care workers – but sector to face potential levy Premier Daniel Andrews has also announced the State Government will put $5 million towards designing…
November 24, 2020 Lendlease forging ahead on sell down of retirement living business – sales to start on first Chinese retirement village Australia’s largest village operator still seeks to divest 50% of its retirement villages to a…