The latest golf club to consider a retirement village as a path to fiscal security is Claremont Golf Club in Tasmania. If plans are successful, 2ha of river frontage would be sold to a village developer to construct 70 retirement village residences.
http://www.thesourcetoday.com.au/p665_Tas-Claremont-Golf-Club-plans-for-retirement-village.html


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
