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 –…
Browsing: Finance
Editorial
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…
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…
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…
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…
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…
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…
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…
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…
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…