Chip Goodyear retired as CEO of BHP just over 12 months ago. Now he has been appointed CEO of Temasek, the $207 billion Singapore Governments sovereign investment fund. Temasek is also reportedly one of the two Asian investors keen to buy Australian village and aged care properties at the bottom of the market. Given he lived in Melbourne for five years, he will have a comfort for making significant investments here that others would not. Being a form of superannuation fund, Temasek has the ability to be long term investor.
The Weekly SOURCE
AN-ACC class reweighting leaves AdventCare $192K short of budget
David Reece, CEO of Not For Profit AdventCare, which operates two aged care homes in Victoria, said overall the AN-ACC changes announced last Friday afternoon will leave them $50,000 short of budgeted income this year.