Southern Cross Care merges Mildura aged care home into its network

Sep 15 2013 Updated July 4, 2023

The Weekly Source

1 min read

Oasis Aged Care at Irymple has identified it needs the support of a larger operator to ensure its long term viability. Based in Mildura, the 44 bed community facility has called on Southern Cross Care to foster a more efficient work model.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

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Caroline Egan

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

24 Jun 2025

Peter Inge and Mark Fay keep buying: Retirement village acquisition spree continues

IPLiving, the retirement village platform backed by investment business Palisade Impact, has added its fourth village with the acquisition of Rosebud Village – a 105-unit community on Victoria’s Mornington Peninsula, 61km south of Melbourne’s...

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Aged care regulator doesn’t understand retirement living: Daniel Gannon

Peak body the Retirement Living Council (RLC) welcomed the decision of the Department of Health, Disability and Ageing agency last Thursday to cut the proposed the minimum liquidity requirement for refundable retirement deposits for aged care...

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Ian Horswill

04 Jul 2025

Retirement and Community Living

In the Headlines

Land lease operator GemLife launches on the ASX in the year’s biggest IPO

In just nine years, 37-year-old Adrian Puljich marked a huge milestone – celebrating with his family, residents, staff, the new board, legal teams and The Weekly SOURCE as he launched his business on the Australian Stock Exchange. “What...

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Ian Horswill

03 Jul 2025

Community Living

Sector Moves & People

Simon Schrapel AM departs as Uniting Communities’ Chief Executive after 15 years

The South Australian Not For Profit has formally farewelled long-time Chief Executive Simon Schrapel, as a new face steps into the role. Simon, who was in the role for a decade-and-a-half, oversaw the group’s expansion to the situation today where...

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Caroline Egan

02 Jul 2025