Topic - Acquisitions

Royal Freemasons (VIC) pay $21.8M for two Monash Council care facilities

Feb 04 2014 Updated May 3, 2023

The Weekly Source

1 min read

Ending seven months of heavy local protest against the sale, Monash Council agreed to sell Monash Gardens and Elizabeth Gardens to Royal Freemasons for $21.8M in cash. A petition of 10,000 names plus social media campaigns and the in 1867, operates five high care facilities in Melbourne plus 10 retirement villages. They will recruit from the 180 existing council care staff.

Pocock wins fight for Senate inquiry into home care delays and aged care reform

ACT Independent Senator David Pocock’s push for a Senate Inquiry into aged care reform delays and the withholding of Home Care Packages secured backing from the Coalition, Greens, and Independents yesterday (Monday 28 July), ensuring the inquiry will proceed.

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Caroline Egan

29 Jul 2025

Mergers & Acquisitions

RSL Care SA buys Hallmont Estate’s two retirement villages in Mount Gambier, SA

The Not For Profit organisation, which operates retirement living, social housing and residential care in South Australia, has bought Woodlands Grove and Hallmont Estate Mount Gambier, in the second most populous city in the state, which lies 450km...

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Ian Horswill

22 Jul 2025

Mergers & Acquisitions

Regis Aged Care buys Rockpool’s four aged care homes for $225,000 per bed

Regis has acquired Rockpool’s four aged care homes boosting its homes to 72. Regis’ MD and CEO Dr Linda Mellors said, “This acquisition aligns with our strategy to broaden our residential aged care footprint”, while Rockpool CEO Melissa Argent said she is proud of what Rockpool has created.

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Caroline Egan

24 Jul 2025

Legal Issues

Lifestyle Communities CEO Henry Ruiz: VCAT ruling will have “implications for the sector”

On 20 July, the publication gave Lifestyle Communities CEO Henry Ruiz, who only took on the role in March, permission to write a simialr length article rebutting all of the claims in Lloyd’s article, headlined “Lifestyle Communities’ fees show...

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Ian Horswill

21 Jul 2025

Final Aged Care Rules land, three months out from major system overhaul

The final draft of the Aged Care Rules released ahead of 1 November new Aged Care Act, detailing major changes across residential care, Support at Home and provider obligations has been released by the Department of Health, Disability and Ageing. Ageing Australia responds.

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Lauren Broomham

01 Aug 2025

Government Policy

PM, Health Minister avoid Opposition leader’s question on 87,000 seniors waiting for correct level of care

Opposition leader Sussan Ley asked Prime Minister Anthony Albanese in question time on Tuesday how he would describe the 87,000 seniors on the Home Care Waiting list when now Health Minister Mark Butler called 60,000 on the wait list a “national disgrace” in 2022.

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189 aged care homes have COVID-19 vaccination rates below 10%

Though 57.9% of aged care residents have been vaccinated against COVID-19 in the last six months, the recommended dose for over 75s, there remain aged care homes with perilously low COVID-19 vaccination rates, even thought it’s well known cases climb in winter.

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Caroline Egan

31 Jul 2025

Government Policy

Clinical staff leaving Single Assessment System jobs as in-person assessments abandoned

The Weekly Source has spoken to two highly experienced former aged care assessors with the Single Assessment System who describe corner cutting, lack of training, and unrealistic expectations about how many assessments they can conduct, which has resulted in both assessors leaving their roles.

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Caroline Egan

30 Jul 2025