WA: Bethanie Group welcomes new CEO

Jan 14 2011 Updated July 4, 2023

The Weekly Source

1 min read

West Australian provider, Bethanie Group has announced the appointment of Stephen Becsi as its new acting CEO. The announcement follows the departure in December of long serving CEO, Wayne Belcher, who stepped down as part of the Groups long term succession plans.

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

Click here

Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

Click here

Caroline Egan

09 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

Click here

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

Click here

Ian Horswill

16 Sep 2025

Only in SATURDAY: why future proofing villages building to 9C pays

Building retirement villages to Class 9C standards can add up to 10% to the total cost of construction. But for a growing number of operators, the upgrade is no longer optional.

Click here

Is the DMF model dead? Anglicare CEO Simon Miller says yes

Click here

Ian Horswill

16 Sep 2025

Retirement and Community Living

News & Headlines

SATURDAY is your water cooler talking point: Odyssey’s new direction

When Odyssey Lifestyle Care Communities began planning its $150 million Chevron Island project, it leaned on trusted tier-one contractors. For its future pipeline, the operator is taking a new path. CEO Aaron Lavell talks exclusively to SATURDAY...

Click here

Stockland’s Halcyon brand emerges as runaway land lease leader

When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”

Click here

Ian Horswill

15 Sep 2025