Government Policy

Singapore sovereign wealth fund GIC looking at National Lifestyle Villages

Sep 20 2016 Updated May 3, 2023

The Weekly Source

1 min read

Following last week's report that US operator of mobile park homes, Hometown America, was looking at a purchase of WA's National Lifestyle Villages income assets, this week it is understood the Singapore government's sovereign wealth fund GIC is also checking out National Lifestyle villages.

GIC recently invested in America's 'YES! Communities' which owns 170 Mobile Parks.

Australian Senate votes for two separate inquiries into aged care reform

The Senate has voted to establish two new Senate inquiries into the Government’s historic aged care reforms, rollout out on the weekend after years of preparation, amid concerns they will not deliver for older Australians.

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Caroline Egan

04 Nov 2025

Opinion

Retirement villages now hot investments: Here is why

Aveo is even sweeter in that it has been moving its contracts to a mix of upfront payments rather than the DMF. In March 2024, we reported in The Weekly SOURCE that a third of new Aveo customers have chosen an alternative to the traditional deferred...

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Chris Baynes

04 Nov 2025

Topic - Acquisitions

Can Aveo’s owner Scape Australia take over retirement village operator Keyton?

It is understood that Scape Australia – now rebranded as The Living Company – is the only bidder still seriously pursuing Keyton, Australia’s largest retirement village operator, whose minority stake held by Lendlease is up for sale. As...

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Ian Horswill

04 Nov 2025

Home Care

CHSP provider Momentum Collective with 5,000 clients appoints voluntary administrator

Third Sector Australia Limited, trading as Momentum Collective, has entered voluntary administration, putting the future of 5,000 clients – including 674 receiving Commonwealth Home Support Programme (CHSP) services – under a cloud. FTI Consulting was appointed administrator on 16 October 2025.

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Caroline Egan

29 Oct 2025

ABC reports on aged care assessments: The Weekly SOURCE has covered it for four months

Since July this year, The Weekly SOURCE has been highlighting the total inadequacies of the Australian Department of Health, Disability and Ageing’s new Single Assessment System, which is mean “to simplify and improve aged care assessments.“ The...

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Caroline Egan

22 hours ago

Aged Care

Only in SATURDAY: Flattening the frailty curve with a wellness business model

At Catholic Healthcare, CEO Josh McFarlane says wellness isn’t a buzzword – it’s a business model. The operator is quietly expanding its network of Wellness Centres and Mind & Move programs, believing that prevention should sit at the centre of aged care thinking.

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Cameron McPherson: ‘The new law risks boxing providers into yesterday’s model’

Cameron McPherson, CEO of Medical & Aged Care Group, writes that Australia’s new Aged Care Act funds care delivery on a cost basis rather than on outcomes, rewarding activity over measurable gains in independence, connection and quality of life.

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Home care won’t catch up – unless the rules change

We said horror stories were coming and here they are. This week’s headlines have been dominated by an assessment system that can’t assess, a program that can’t keep up, and older Australians stranded in the gap. The numbers are no longer...

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Lauren Broomham

23 hours ago