Topic - Aged Care

Will new financial transparency laws “bridge the aged care trust deficit”?

Aug 25 2022 Updated May 3, 2023

Section Editor

1 min read

In the latest SATURDAY digital magazine, Tim Hicks, General Manager, Policy and Advocacy at Aged & Community Care Providers Association (ACCPA), is concerned about the “unintended consequences” of requiring aged care providers to submit financial reports to the Department of Health and Aged Care.

Read the full story in the current edition of SATURDAY – SUBSCRIBE HERE.

VCAT rules Lifestyle Communities’ DMF model illegal

Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...

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Ian Horswill

07 Jul 2025

Opinion

What does the ‘voiding’ of the land lease DMF in Victoria mean for retirement villages?

By our calculation up to 35-40% of retirement village contracts could have their DMFs voided as well if applied across the country. We can’t see this actually happening but we do believe lawyers received a mid year Christmas present yesterday when...

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Chris Baynes

08 Jul 2025

Mergers & Acquisitions

“Aveo is a fantastic business, run by a fantastic management team”: Scape CEO Stephen Gaitanos backs landmark $3.85B acquisition

Scape Australia CEO Stephen Gaitanos has praised the leadership of retirement living operator Aveo, following its acquisition by The Living Company – Scape’s parent – for $3.85 billion, in what is now the largest direct real estate transaction...

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Ian Horswill

30 Jun 2025

Community Living

Catholic Healthcare investing $600M to build connected communities across NSW

One of Australia’s largest Not For Profit providers of home care, residential care and retirement living services, is investing over $600 million over the next five years in five innovative connected communities in New South Wales. “We’ve spent...

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Ian Horswill

07 Jul 2025

Govt’s IT systems might not be ready by 1 November: reports

The Saturday Paper reported last week that the Department of Health, Disability and Ageing’s IT overhaul, intended to underpin aged care reforms coming in on 1 November, is behind schedule and may not be completed until April next year. The 2024-25...

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Caroline Egan

09 Jul 2025

Technology

SATURDAY: AI natural fit for home care, says Kinyara Health CEO Norbert Walther

Norbert Walther (pictured top), CEO of home care provider Kinyara Health, says his organisation is currently developing an Artificiak Intelligence-powered care planning tool aimed at overhauling the time-consuming initial assessment process. For...

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Finding innovation in unexpected places: rethinking the role of suppliers in Aged Care technology

When people think about innovation in aged care, they tend to picture large-scale tech overhauls - smart sensors, predictive analytics, integrated platforms. But innovation often shows up more quietly, embedded in the everyday tools and services...

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Juniper CEO Russell Bricknell warns WA Budget fails to meet aged care crisis head-on

The head of one of Western Australia’s biggest Not for Profit aged care providers welcomed the WA Budget but in the booming state economy, said the level of investment in aged care feels “incremental, not transformational”. “The reality on the...

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Caroline Egan

25 Jun 2025