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‘Barrel of gold’ development opportunity stalls after engaged retirement village developer drops out over COVID-19 concerns

“A barrel of gold awaits those willing to have a go and (are) prepared to wait for a good return,” Mr Braybrook told the Midland Express

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GemLife seeks final debate with Noosa Shire Council after a delay in the 246-home redevelopment application

GemLife, which operates 10 lifestyle communities across the country, plus 9 more under its partner brand Living Gems, is seeking a final debate with the Noosa Shire Council after its redevelopment application for a $130 million land lease lifestyle...

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GemLife’s sister company Living Gems hopes to build 215 home land lease community north of Brisbane for residents to ‘live the dream’

Living Gems and Innovative Planning Solutions submitted a development application to the Moreton Bay Regional Council for a 215 two-bedroom home land lease community in Burpengary East, north of Brisbane. The development would encompass a host of...

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Residents attempt to shut down development of retirement village in Toowoomba – lawyers say it is ‘doomed to fail’

Lawyers for local property developer Barry Bernoth said an attempt by resident’s group, Large Street Trust, of Middle Ridge in Toowoomba, to shut down a retirement village development was “doomed to fail”. Lawyers are saying objections against...

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RetireAustralia opens luxury vertical retirement village on Central Coast - “perfect for now, ideal for later”

The Rise at Wood Glen, on the NSW Central Coast, has officially opened and is being presented as the first luxury vertical retirement village in the region. The first stage of the $46 million RetireAustralia apartment project features a collection...

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Ingenia secures a $75 million debt facility from Clean Energy Finance Corporation as part of commitment to reduce carbon emission

Ingenia Communities has received a $75 million 7-year debt facility from the Government backed CEFC as part of the organisation’s goal to reduce its carbon emissions by 30% over the next five years. The CEFC invest in a wide range of industries to...

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Western Australia introduces new aged care planning policy – to fast-track 2,000 new beds

Mark McGowan’s Government has announced a new planning policy designed to fast-track aged care accommodation across the state by slashing ‘red tape’. The new policy removes planning barriers, streamlines delivery across all local governments...

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Australian officials seeking information from Pfizer/Norwegian experts after aged care residents die following coronavirus jab

Australian health officials are closely monitoring the Pfizer vaccine after reports 29 aged care residents died after 40,000 people received the COVID-19 jab in Norway. The deaths were reportedly associated with fever, nausea and diarrhoea, common...

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2,300 facilities tested during aged care COVID outbreaks – no active cases since October

A Department of Health report on COVID-19 outbreaks in aged care facilities has revealed residents and staff at 2,300 of the country’s almost 3,000 facilities have undergone coronavirus testing. After recording 678 deaths in aged care across the...

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Israel vaccinates all of its aged care residents against COVID – as cases in UK aged care homes triple

Israel is leading the way after successfully administering the Pfizer COVID-19 vaccine to every one of its almost 150,000 aged care residents in just 10 days. The country has made the vaccine available to every citizen over 60 years of age but they...

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Topic - Acquisitions

Snowy Monaro Council votes to transfer ownership of its two aged care homes after $2 million deficit – blames over-regulation

The NSW Council is looking to transition ownership of the 40-bed Yallambee Lodge in Cooma and the 14-bed Snowy River Hostel in Berriedale after announcing the services are running at a $2.1 million deficit. The Council has blamed increasing...

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Uniting opens new daycare centre at Westmead retirement village and aged care home

The NSW and ACT-based Not For Profit has expanded its ‘city for seniors’ at Westmead, 26km west of the Sydney CBD, with a new early learning centre. The new service was officially opened on 11 January and can cater to a total of 75 children...

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