The Victoria government is trying to sell its 1,000 aged care beds in order to save $75M. This now includes 129 non-operational beds in Ballarat. The advertisement states a preference will be given to buyers that will keep the licences in the Ballarat region, but it is not required, causing concern amongst locals on ongoing supply of beds.


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...
