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.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...