Sector Moves/People

Richard Gray made a Member of the Order of Australia (AM)

Jun 11 2014 Updated May 3, 2023

The Weekly Source

1 min read

The inaugural Executive Director of the forerunner of Aged and Community Services Australia, Richard Gray, has been made a Member of the Order of Australia (AM) in the Queens Birthday honours for his contribution to policy direction in the not-for-profit aged care and disability services sectors. He is currently Catholic Health Australias Senior Aged Care Adviser.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Sector Moves & People

Former Estia Health boss appointed CEO of Melbourne aged care operator Mayflower

Not For Profit aged care operator The Mayflower Group, which has three aged care homes and one retirement village in Melbourne, has announced the appointment of global health and aged care leader Paul Gregersen (pictured above) as its new CEO. Paul...

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Caroline Egan

16 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

24 Jun 2025

It took a 28-year-old to reboot the retirement living sector – at speed

Adrian Puljich was 28 years of age when he conceived GemLife and then convinced Singapore diversified investment business Thakral Corporation to commit 50% of funds to create the business. Nine years later it is valued at $1.58 billion. How did he...

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Plan T: urgent ‘transformation’ needed to future-proof aged care for residents and operators

With aged care home occupancy over 95%, 85,000-plus on home care wait lists, and thousands stuck in hospitals, Australia’s aged care system is already operating beyond capacity – and facing a demographic tidal wave.

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Chris Baynes

12 Jun 2025

Chris Baynes

Plan T: Transformation – an action plan for positive change in the aged care system is required

The aged care system is bogged down from years of rules and regulations piling on top of each other to the point where it is now grossly inefficient and failing to deliver optimum care equally across the country.

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Chris Baynes

12 Jun 2025