Topic - Editorial

The Weekly Source | Tony Randello

May 10 2022 Updated May 3, 2023

Section Editor

1 min read

Aveo CEO Tony Randello talks to DCM Group Editor Lauren Broomham about their CAPEX program and how the retirement village operator is upgrading and refurbishing its portfolio for the future.

These new retirement villages show providing care is here and now

Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...

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Ian Horswill

07 Oct 2025

Mergers & Acquisitions

Bain Capital assesses what’s best for fattened Estia Health 23 months after $838M buy

The US-based private investor is reportedly believed to have contracted investment bank Barrrenjoey to see if its residential aged care business can be sold for a sizeable profit or should be floated on the ASX. The Australian, which reported Bain...

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Ian Horswill

09 Oct 2025

Community Living

Colliers: what’s the average cost of a land lease community development in 2025?

Colliers Engineering & Design has released its 2025 Land Lease Community Cost Per Site Report: QLD, NSW & VIC, offering detailed insights into the economics of developing land lease communities across Australia’s East Coast.

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Ian Horswill

13 Oct 2025

Funding

21 aged care homes’ worth of hospital patients stuck waiting for discharge

As Premiers and Health Ministers battle Canberra over hospital funding, a new report has revealed a key reason costs are surging: thousands of older Australians remain stranded in hospital beds because there’s nowhere else for them to go.

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Caroline Egan

08 Oct 2025

Our big idea: co-located retirement villages can solve hospital ‘bed occupancy’ in 16 weeks

Across Australia 2,000 hospital beds now hold 2,000 older Australians getting sicker, waiting for an aged care bed. The cost: $1,500 to $2,000 per day. Could co-located retirement villages offer a solution?

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The retirement village identity crisis

It is with great interest we are following the developments in South Australia regarding the planning classification of retirement villages as ‘essential infrastructure’. The catalyst? Senior Australians locked in hospital beds with no place to...

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James Wiltshire

14 Oct 2025

Developments

Providence Lifestyle files two DAs for over 500 land lease homes in WA

Providence Lifestyle – founded in 2020 by John Green, Brad Denison, James Turnbull and John Wood – has lodged two development applications in Western Australia totalling 504 over-50s homes.

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Ian Horswill

13 Oct 2025

Community Living

Sector Moves & People

Lifestyle Communities CFO Darren Rowland resigns, with successor named

Lifestyle Communities has announced the resignation of Chief Financial Officer (and Joint Company Secretary) Darren Rowland, effective end of January 2026. He has served as CFO since May 2018.

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Ian Horswill

13 Oct 2025