User Profile

15 Sep 2021

Ageing

Mable secures $100M equity investment from global giant General Atlantic. Good for villages and CAPs

The aged and disability care platform founded by Peter Scutt (pictured above at the 2021 LEADERS SUMMIT) and Tony Charara in 2014 appears set for major national and international growth after receiving a $100 million boost from the global private...

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14 Sep 2021

In the Headlines

Changing of the guard: village manager workforce to turn over in next 2-3 years

Village operators are looking to invest in training, support and wages for staff as the older generation of managers retires and ‘Gen Y’ fills the gap. In last week’s Workforce issue of SATURDAY, many operators reported that they were...

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New retirement village competition: largest build-to-rent CAPs development kicks off in Melbourne

The largest build-to-rent development approved in Australia will be a major concern for retirement village operators. Why? Because the CAPs model is basically the same as retirement villages but without the upfront payment. Instead you pay rent as...

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Stockland plans 250 land lease homes in a new community in Geelong

Stockland announced its intention after acquiring a 12ha site in Armstrong Creek, the largest continuous growth area in Victoria, consisting of 2,500 hectares of land able to be developed. Armstrong Creek, which is a suburb of Geelong, 72km...

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Hometown Australia developing new over 55s land lease community in Port Macquarie

There will be 151 land lease homes built on Hometown Australia’s latest land lease community Glenfern Thrumster, which is now being built over three stages, 10 minutes’ drive from Port Macquarie, NSW mid North Coast about 390km north of...

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Stephen Scotchmer launches his first Gold Coast ‘wellness’ village with national ambitions

Stephen Scotchmer’s new concept village Esprit de Vie has put plans before Gold Coast City Council for a 120 independent living unit development. The Ex-COO of Marchese Partners has engaged them at the Mermaid Waters project. Esprit de Vie Mermaid...

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Ageing

Sydney’s Northern Beaches Mayor stipulates where retirement homes will be built

Michael Regan, the Mayor of Sydney’s Northern Beaches Council, said all seniors living development need to be built close to town centres. The strategy mirrors an increasing number of councils that are making retirement community and aged care...

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In the Headlines

Village and home care monitoring leaders Eevi buys medical alarm business Jupl

Eevi. Life, a leading provider of retirement village and home care monitoring solutions in Australia, has bought the intellectual property in one of the most advanced medical alarm devices. The acquisition from New Zealand firm, Jupl, the providers...

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Ageing

ATO’s downsizing contributions into super down to age 60 in July 2022: win for LLCs and CAPs

As part of its superannuation changes, the Morrison Government is extending access to its downsizer contributions scheme by lowering the minimum age from 65 to 60, from 1 July next year. The ATO first introduced the Downsizer contributions into...

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Multi-million dollar country club for Serenitas’ Thyme Lifestyle Resort Moreton Bay

“The investment in the facilities at Thyme Lifestyle Resort Moreton Bay is so important in helping cultivate a rich, engaging and supportive community,” said Serenitas Founder and CEO Rob Nichols

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The Falls Estate boutique CAPs development in Sydney’s Oxford Falls north with residences available from $1.45M has 2023 completion date

The Falls Estate will have nine separate buildings featuring 41 land lease apartments, at Oxford Falls Valley, a suburb of northern Sydney, 20km north-east of Sydney’s CBD. The developer is Henroth Investments, led by John and Stanley Roth (and...

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In the Headlines

Woman with dementia missing from retirement village found alive two days later

An 83-year-old grandmother, who suffers from early onset dementia, was found cold but alive in dense bushland, two days after she went missing from her retirement home in Mandurah, 72km south-southwest of Perth. Margaret Lowden, who needs a walking...

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