Topic - Aged Care

Reminder: unannounced audits now underway

Jul 03 2018 Updated May 3, 2023

The Weekly Source

1 min read

A poster for providers to advise residents and their families on the unannounced visits

As previously reported here, from 1 July 2018 aged care homes will no longer be given notice of the date of their re-accreditation audit.

The Australian Aged Care Quality Agency (AACQA) has already conducted almost 3,000 unannounced visits since last July with nine homes losing their accreditation.

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...

Ian Horswill

22 Apr 2024

Acquisitions

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham

24 Apr 2024

Opinion

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes

22 Apr 2024

Finance

RetireAustralia back up for sale by owners Infratil and NZ Super for $1B+

The owner/operator of 29 retirement villages, which is about to open its sector-leading Aged Care Hub at The Verge At Burleigh on the Gold Coast, follows Aveo’s announcement it is selling 16 villages. After Mirvac and Pacific Equity Partners each...

Ian Horswill

22 Apr 2024

The three big questions the Budget must answer for the aged care sector executives to move forward. Time for bravery?

With the Federal Budget now just 12 days away, there remains several unanswered questions that are weighing on boards and executives across the aged care sector. Despite the Aged Care Taskforce, chaired by the Aged Care Minister Anika Wells, handing...

Lauren Broomham

1 hour ago

Ageing

Aged Care Minister Mark Butler’s big change for residential aged care

The Minister for Health and Aged Care Mark Butler announced during the week that pharmacists will be funded by the Government to go into residential aged care homes and deliver vaccines to residents for free, a measure that was previously only...

Caroline Egan

24 Apr 2024

Opinion

Opinion: Hospital wait times are a dire sign of the future that awaits ageing Australia

The latest data shows hospital beds are at a premium – and older Australians are the most likely to miss out. Is there a solution? As we report in this issue, emergency wait times are at their longest in a decade while surgery wait times are at...

Lauren Broomham

23 Apr 2024

Ageing

Retirement Living operator Aveo’s Baby Boomers survey reveals they want to live independently with services available

Australia’s leading retirement living owner and operator has released the findings of its Ageing Australia Study, a survey of more than 1,000 Baby Boomers, now aged between 58 to 77. Its findings show the Boomers want to reinvent living to focus on...

Ian Horswill

09 Apr 2024