Topic - Developments

Abervale Retirement Village installs 75KW solar system on community centre

Jun 17 2014 Updated May 3, 2023

The Weekly Source

1 min read

The Lend Lease Abervale Village at Grovedale (near Geelong) has installed a 75KW solar system on its community facilities. The forecast saving in power is $820,000 over a 25 year period.

The guru of aged care: retirement living’s future is private aged care

The retirement sector is going to have to move into assisted living and ultimately private aged care. Baby Boomers, now aged 61-79 now, will demand it. With the funnelling of older Australians into residential aged care already hitting full...

Click here

Ian Horswill

26 Aug 2025

Legal Issues

NSW retirement village operators now required to file annual capital maintenance report

The NSW Government has finalised and published the Retirement Villages Regulation 2025 (NSW), bringing in a number of key changes for operators.

Click here

Ian Horswill

02 Sep 2025

Opinion

Aged care isn’t “investable” until the numbers stack up

Federal Health Minister Mark Butler has been talking up aged care. In back-to-back ABC interviews last week, he dropped the word “investable” more times than a real estate agent at a Saturday auction. According to Butler, the Government has done...

Click here

Lauren Broomham

28 Aug 2025

Government Policy

5,000 older Australians died last year waiting for Home Care Packages: Senate Inquiry hears

The Senate Inquiry into Aged Care Service Delivery today heard almost 5,000 older Australians died last financial year waiting for the level of Home Care Package they have been assessed as needing. More than 87,000 wait for the level of home care they have been assessed as needing.

Click here

Caroline Egan

29 Aug 2025

EQT’s Metlifecare lifts profit 25% on record sales

New Zealand retirement village operator Metlifecare – owned by Swedish investment giant EQT – has posted a 25% rise in annual profit and record sales for FY25, as demand for village housing and care continues to accelerate.

Click here

Ian Horswill

01 Sep 2025

International

10 seniors killed in deadliest fire in Massachusetts in over 40 years

Ten elderly people have died from a fire that sewpt through an assisted living home Gabriel House in Fall River, Massachusetts, with many residents in wheelchairs or wearing oxygen tanks. It was the deadliest fire in the state since 1984

Click here

Ian Horswill

21 Jul 2025

International

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...

Click here

Ian Horswill

07 Jul 2025

International

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...

Click here

Ian Horswill

07 Jul 2025