Topic - Aged Care

Hammondcare commits $30M to build its first VIC care facility at Caulfield Hospital

Oct 21 2014 Updated May 3, 2023

The Weekly Source

1 min read

NSW based Hammondcare will acquire the 150 residential aged care places at Caulfield Hospital and construct a $30 million care facility. While they have 3000 clients in New South Wales, this is Hammondcares first facility in VIC.

Bolton Clarke announces former Ramsay Health Care executive Olivier Chretien as new Group CEO

Australia’s largest Not For Profit aged care provider has appointed the experienced CEO and executive Olivier Chretien as Group CEO, effective 1 July 2025.

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Caroline Egan

30 Apr 2025

Sector Moves & People

IRT CEO Patrick Reid steps down after eight years

The Illawarra-based Not For Profit has announced the resignation of its CEO, Patrick Reid, who is departing to take up a new leadership role with another community services organisation, understood to be a competitor of IRT. As a result, he has...

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Lauren Broomham

02 May 2025

Opinion

Aged care isn’t fixed – so why are we not talking about it?

If you tuned into yesterday’s National Press Club debate between Federal Minister for Health and Aged Care, Mark Butler, and Shadow Minister, Anne Ruston, hoping for a meaningful discussion on aged care – you would have been sorely disappointed.

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Lauren Broomham

24 Apr 2025

Government Policy

Last-minute demand for new CHSP service agreements make 1 July deadline “truly impossible”: Ageing Australia

The aged care peak body Ageing Australia has warned that more than 830,000 older Australians could be left without essential services due to a surprise new requirement under the upcoming Aged Care Act. Under the change, Commonwealth Home Support...

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Lauren Broomham

23 Apr 2025

Macquarie Bank reduces its substantial stake in Ingenia Communities

The global financial services group has continued to reduce its stake in the owner/operator of land lease and rental communities and holiday parks. Macquarie Bank had a significant voting power of 10.92% in April last year, but the substantial...

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Ian Horswill

15 Apr 2025

Funding

GemLife’s owners look at becoming a public company for second time

Adrian Puljich and Singapore’s Thakral Corporation have reached out to JPMorgan and Morgan Stanley to set up introductory meetings with listed equities investors to see if there is sufficient interest in an Initial Public Offering for GemLife...

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Ian Horswill

08 Apr 2025

Funding

David Di Pilla sells substantial part of his 8% stake in Ingenia Communities

The HMC Capital Managing Director has sold down its stake as it raised $150 million to its balance sheet as it prepares to buy Brookfield Asset Management’s Healthscope, the second largest operator of private hospitals in Australia. David Di Pill...

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John Innes departs club/retirement living JV group Pariter with Tom Roche assuming CEO position

After five years establishing Pariter and creating a pipeline of joint ventures with community and golf clubs, John Innes has handed the CEO role to Tom Roche. John Innes Tom has led numerous large real estate and infrastructure transactions for...

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Ian Horswill

07 Apr 2025