Technology

SATURDAY: AI natural fit for home care, says Kinyara Health CEO Norbert Walther

Jul 07 2025 Updated 8 hours ago

Ian Horswill

1 min read

Norbert Walther (pictured top), CEO of home care provider Kinyara Health, says his organisation is currently developing an Artificial Intelligence-powered care planning tool aimed at overhauling the time-consuming initial assessment process.

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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

Catholic Healthcare investing $600M to build connected communities across NSW

One of Australia’s largest Not For Profit providers of home care, residential care and retirement living services, is investing over $600 million over the next five years in five innovative connected communities in New South Wales. “We’ve spent...

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Hyegrove Willoughby gains home care approval ahead of September opening

Hyegrove Willoughby has secured approval to operate as a home care provider, with services set to launch in September alongside the opening of its high-end retirement village on Sydney’s Lower North Shore, 8km north of the CBD. Developed by...

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NZ retirement villages take more than 20 years to turn a profit: Grant Thornton

Retirement villages in New Zealand can take more than two decades to become profitable, according to a new study from auditor and advisory firm Grant Thornton. The report, The Path to Profitability, found the average retirement village reaches...

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Macquarie to launch $5B senior housing platform - in the US

Sydney-based Macquarie Asset Management is launching a dedicated senior hiousing platform across the Pacific Ocean. It has linked with Chicage-based Health Wave Partners, a boutique investment firm specialising in high-quality senior housing across...

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Ian Horswill

7 hours ago