April 24, 2018 WA: business think tanks reject calls for stamp duty concessions for downsizing seniors – no more ‘free kicks’ CEO of Grattan Institute John Daley says the introduction of any discount is simply another…
April 3, 2018 Advocate launches another petition for retirement village reforms The new wave of Consumer Advocacy: Victoria-based retirement village advocate Les Scobie is asking all…
March 27, 2018 PresCare partners with Catalyst Health REIT to acquire QLD aged care site from Aura Holdings The Not For Profit has joined with Justin Laboo’s new funding REIT to purchase the…
March 13, 2018 NZ: Metlifecare abolishes weekly fees on vacant units The NZ Herald is reporting the country’s second largest village operator will stop charging weekly…
March 6, 2018 Rental village operator Eureka posts $100K loss for FH18 – but occupancy up from 83% to 92% Eureka has increased its EBITDA to $3.4M for the last six months in line with…
February 27, 2018 Lendlease village resales down 28%, Stockland down 16% July to December Following Aveo’s announcement that its resales were down by 42% over the last half on…
February 27, 2018 Government error sees aged care residents overcharged thousands on RAC cap: The Guardian An unknown number of residents were wrongly charged for the means-tested care fee after the…
February 20, 2018 Out of the ordinary: NSW investment firm launches $9M fund to buy Bundaberg rental village – targeting 12.45% return Hamilton Asset Management’s Hamilton Liberty Villas Bundaberg Fund is seeking Australian resident investors with a…
February 6, 2018 ‘Rightsizing’: Property Council pushes education campaign in pre-Budget Submission The peak body has put forward a four-point plan for a Government Ageing Transition Strategy…
February 6, 2018 US: 75% of nursing home operators which have “vested interest” deliver worse ‘care’ Nursing homes that deal in these “related party transactions” also tend to have poorer outcomes…
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