The Weekly SOURCE

Eager retirees offer $1,000 cash deposits at Calvary retirement living event

Around 80 prospective residents gathered last Friday for Calvary Health Care’s inaugural “Transition into Retirement Living” education session – an event designed to help older Australians and their families navigate the move with confidence.

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Ian Horswill

30 minutes ago

Community Living

Newly opened Vantage Hervey Bay land lease community will always be special to AVID

Heike and Michael Duggin have made the 1,000-kilometre move from Townsville to Hervey Bay – and into the record books as the first residents of AVID Property Group’s new land lease community, Vantage Hervey Bay. A further 40 residents are expected to move in later this year.

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Ian Horswill

30 minutes ago

Redevelopments

“That’s why this redevelopment matters”: Uniting on NSW Northern Rivers seniors living proposal

A packed public meeting in Kingscliff on 28 October marked the next step in the Independent Planning Commission (IPC) review of Uniting’s State Significant Development Application (SSDA) to redevelop its residential aged care home in the town.

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Ian Horswill

17 hours ago

Retirement and Community Living

Retirement by Moran’s surprise aged care operator for proposed village

Sally Taylor, Managing Director of Retirement by Moran, used the latest Westpac Conversation at the Wharf luncheon to outline the State Significant Development Application for “Indigo by Moran” at Narrabeen.

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Ian Horswill

1 hour ago

Retirement and Community Living

65 ILUs filled as $400M Hyegrove Willoughby, Sydney’s Lower North Shore, opens

The Abolakian family’s first venture in the ageing sector, Hyegrove Willoughby, an integrated development, 8km north of Sydney’s CBD, has opened with more than 65 of the 111 apartments filled within days. Patrick Abolakian, Director, Property...

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Ian Horswill

1 hour ago

Development

Gladstone Regional Council victorious over change to approved land lease community

Queensland’s Planning and Environment Court has dismissed an appeal by Brades Property Agnes Water, upholding Gladstone Regional Council’s refusal of a proposal to swap an approved 360-lot manufactured housing estate (land lease community) for a 158-home conventional residential subdivision at Agnes Water.

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Ian Horswill

1 hour ago

Topic - Acquisitions

Can Aveo’s owner Scape Australia take over retirement village operator Keyton?

It is understood that Scape Australia – now rebranded as The Living Company – is the only bidder still seriously pursuing Keyton, Australia’s largest retirement village operator, whose minority stake held by Lendlease is up for sale. As...

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Group Editor

05 May 2023

Government Policy

Shared Care in villages: Canberra cracks the door open

A major step forward for the Shared Care model. The Department of Health, Disability and Ageing will convene online workshops with Support at Home providers to help design a pooled funding trial, slated for 2026, backed by $5.2 million in funding over three years announced by the Federal Government in December 2024.

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Ian Horswill

31 Oct 2025

Mergers & Acquisitions

SA fund manager ICAM extends seniors living portfolio into NSW

Adelaide-based fund manager ICAM has expanded its seniors living footprint into New South Wales with the acquisition of Signature Gardens Retirement Resort in Rutherford, in the Hunter region.

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Ian Horswill

18 hours ago

Community Living

Lester Group’s EdenLife Communities lines up a third land lease estate – with more to follow

Western Australian family-owned developer Lester Group is expanding its land lease platform, EdenLife Communities, steadily growing its footprint across the state’s south-west – with sold-out stages, an active project, and a third site now in planning.

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Ian Horswill

18 hours ago

Community Living

Barossa Villages’ promise to retirement village residents

Not For Profit Barossa Village – 60km north-east of Adelaide and operating independent living, residential, respite and home care – will soon begin building its next generation of Independent Living Units, embedding dementia-supportive design from the ground up.

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Ian Horswill

18 hours ago

Community Living

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Community Living

Eager retirees offer $1,000 cash deposits at Calvary retirement living event

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Ian Horswill

Community Living

Newly opened Vantage Hervey Bay land lease community will always be special to AVID

Click here

Ian Horswill

Redevelopments

“That’s why this redevelopment matters”: Uniting on NSW Northern Rivers seniors living proposal

Click here

Ian Horswill

Retirement and Community Living

65 ILUs filled as $400M Hyegrove Willoughby, Sydney’s Lower North Shore, opens

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Ian Horswill

Retirement and Community Living

Retirement by Moran’s surprise aged care operator for proposed village

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Ian Horswill

Topic - Acquisitions

Can Aveo’s owner Scape Australia take over retirement village operator Keyton?

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Ian Horswill

Development

Gladstone Regional Council victorious over change to approved land lease community

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Ian Horswill

Aged Care

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Development

Aged care operator Hall & Prior in historic first

The $89 million Sister Kate’s Health and Aged Care Facility, on the in Queens Park, 11km from the CBD, will be developed by Hall & Prior Health & Aged Care Group in partnership with Sister Kate’s Children 1934–1953 Aboriginal...

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Ian Horswill

31 Oct 2025

Government Policy

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

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Caroline Egan

23 Oct 2025

Mergers & Acquisitions

Prices for aged care homes in demand “far exceed” recent valuations

Aged care homes are selling for prices well above their most recent valuations, fuelling a surge in merger and acquisition (M&A) activity across the sector, according to aged care consultancy Pride Aged Living.

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Caroline Egan

29 Oct 2025

Aged Care

Aged care sector ‘ready’ for 1 November despite 150-plus last-minute documents

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Caroline Egan

30 Oct 2025

Government Policy

More sleepless nights: nearly 2,800 hospital patients waiting for aged care

State Premiers warned last month there were about 2,500 older patients in public hospitals awaiting an aged-care placement. Today, that figure is closer to 2,800 – a 12% jump in a month – tightening the squeeze on already stretched acute beds.

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Caroline Egan

30 Oct 2025

Redevelopments

HammondCare to build $300M centre of excellence for complex older person care at Sydney’s Greenwich Hospital

HammondCare will redevelop its Greenwich Hospital site into an integrated health campus combining sub-acute hospital services, dementia-specific residential care, older persons’ mental health, research, and seniors living – a $300-$350 million investment the Not For Profit says is the largest in its history.

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Ian Horswill

28 Oct 2025

Mergers & Acquisitions

Benetas acquires aged care site at Keyton’s Sherwin Rise retirement village in VIC

Benetas will develop, own and operate a new residential aged care home within Keyton’s Sherwin Rise retirement village at Wollert, 25km north of Melbourne’s CBD – extending a continuum of care to village homeowners and the broader North Melbourne community.

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Caroline Egan

29 Oct 2025

Government Policy

Taylor Fry awarded $655K to review IHACPA aged care pricing advice

The Independent Health and Aged Care Pricing Authority (IHACPA) has appointed consulting firm Taylor Fry on a $655,000 contract to independently validate its aged care pricing advice – continuing IHACPA’s long-standing annual quality-assurance practice.

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Caroline Egan

29 Oct 2025

Government Policy

Government considering low-cost funding to help aged care operators build: Sam Rae

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Caroline Egan

30 Oct 2025

Home Care

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Government Policy

Taylor Fry awarded $655K to review IHACPA aged care pricing advice

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Caroline Egan

29 Oct 2025

Government Policy

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

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Caroline Egan

23 Oct 2025

Home Care

“One-size-fits-all reform will shrink rural aged care,” warns regional provider

Regional aged care models risk being collateral damage under the new Support at Home system, with co-contribution rules and transport pricing threatening both consumer access and provider viability, warns Staying in Place coordinator Helen Morton...

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Lauren Broomham

30 Oct 2025

Saturday

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DIGITAL EDITION

Saturday

Issue 110 | The big end says GO HARD; the small end says GET OUT

Issue 109 | No ROI on aged care - what now?

Issue 108 | Why For Purpose is building when others won’t

Issue 107 | The private aged care takeover begins

Issue 106: Is BaptistCare writing the roadmap for Not For Profit consolidation?

Issue 105: Dementia innovator’s new direction

Issue 104 | Simon Owen - The winning formula

Issue 103 | Tough but fair: The 2025 Mid-Year Review

Issue 102 | Do you care? 130,000 begging for home care and waiting 17-plus months

Issue 101 | Plan T: Transform or collapse

Issue 100 | Plan T: Transforming the ageing journey

Issue 99 | The fight to save regional aged care

Lauren Broomham

23 May 2025

Conversation at the Wharf

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Partnering With Westpac

January–June 2025 Aged Care & Retirement Living Sector Review: Key Developments, M&A Activity, and Emerging Trends

Introduction Australia’s aged care and retirement living sectors experienced significant transformation in the first half of 2025, driven by landmark Government reforms, increased regulatory scrutiny, and strong market activity, including mergers...

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Lauren Broomham

Partnering With Westpac

Westpac Leading Conversations at the Wharf: industry leaders share vision for the future of care in retirement living

Three leading operators in the over 50s retirement living market have spoken about where the sector is heading at the latest Westpac Leading Conversations at the Wharf held in Fortitude Valley, Brisbane. The event featured: Glen Brown, Co-Founder...

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Ian Horswill

Retirement and Community Living

Westpac Leading Conversations: Will Baby Boomers pay for additional village care beyond Home Care Packages?

The third video from the Westpac/DCM Group lunch in Adelaide gives great insight into where retirement living is heading as the need for care services in retirement villages rises. The question: Will Baby Boomers pay for additional village care...

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Ian Horswill

Partnering With Westpac

“Are you going to increase your village staffing, with the emphasis on care?” Westpac Leading Conversations in Adelaide

DCM Group CEO Chris Baynes at the latest Westpac Leading Conversations at the Wharf in Adelaide asked “Are you planning to increase your village staffing?” David Moran, CEO of Southern Cross Care SA, NT & VIC; Jenny Hall, CEO of Uniting S...

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Ian Horswill

Spotlight Sponsored Content

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Spotlight

They say quality is never an accident – it’s a habit.

By Daniel Gannon In Australia’s retirement living sector, we want to see quality all-round, all the time, in all villages, across all jurisdictions, and our goal is very much intentional We know quality equates to happier, healthier communities...

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Sasja Bouwman

DIGITAL EDITION

SATURDAY Issue 72

Risky business: the challenge of dementia in the retirement village

With an increasing number of retirement village residents living with some form of cognitive impairment – and few avenues for operators to move them to higher-level care – how can village operators protect themselves and their communities? With...

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Lauren Broomham

DIGITAL EDITION

SATURDAY Issue 71

Does this look like an aged care facility to you? Why this provider wants more people living with dementia to stay at home

With people living with dementia for an average of 10 to 12 years, more Australians than ever are living with dementia at home – is it time for a rethink of the ageing journey? People living with dementia can live well at home, but it requires...

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Lauren Broomham

DIGITAL EDITION

SATURDAY Issue 70

From the top down: why dementia is now core business for village operator Keyton

The math doesn’t lie. Retirement villages are seeing an increase in the number of residents living with dementia – so how can operators get on the front foot? With the average age of retirement village residents now 81, and one in three...

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Lauren Broomham

What's On

See more events

12 Nov

Village Summit 2025 | Wellbeing, done well

12th November

Wednesday, 8:00am - 3:30pm

24 Mar

Leaders Summit 2026

24th - 25th March

Development

View all

Community Living

Newly opened Vantage Hervey Bay land lease community will always be special to AVID

Click here

Ian Horswill

Redevelopments

“That’s why this redevelopment matters”: Uniting on NSW Northern Rivers seniors living proposal

Click here

Ian Horswill

Topic - Acquisitions

Can Aveo’s owner Scape Australia take over retirement village operator Keyton?

Click here

Ian Horswill

Development

Gladstone Regional Council victorious over change to approved land lease community

Click here

Ian Horswill

Government

View all

Government Policy

Shared Care in villages: Canberra cracks the door open

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Ian Horswill

Government Policy

More sleepless nights: nearly 2,800 hospital patients waiting for aged care

Click here

Caroline Egan

Government Policy

Taylor Fry awarded $655K to review IHACPA aged care pricing advice

Click here

Caroline Egan

Government Policy

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

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Caroline Egan

Government Policy

Government considering low-cost funding to help aged care operators build: Sam Rae

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Caroline Egan

Development

Uniting NSW.ACT and Wyanga Aboriginal Aged Care to build aged care home afer buying site for $1

The City of Sydney Council will award the site, currently a $20 million 55-space car park in Sydney’s inner west, to the Uniting NSW.ACT and Wyanga Aboriginal Aged Care for a nominal fee of $1.

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Caroline Egan

Aged Care

Aged care sector ‘ready’ for 1 November despite 150-plus last-minute documents

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Caroline Egan

Aged Care

Only in SATURDAY: Residential aged care operators leaving money on the table

HELF and accommodation pricing are the two cash levers operators can control right now – so why aren’t more pulling them? In the current edition of SATURDAY digital magazine, we look at the options available - and why operators must be more courageous. Subscribe to SATURDAY.

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Caroline Egan

Government Policy

Hall & Prior and Amana Living take new aged care beds under WA Govt’s Time to Think program

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Caroline Egan

Housing News

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Ageing

Call to retirement living operators: designated seniors housing land next to Western Sydney hospital

With more than 104,000 over-50s already in the local catchment, Arrow Advisory Group has opened Expressions of Interest (EOI) for the Blacktown Integrated Seniors Living & Healthcare Precinct – a 2,791m² flagship site directly adjacent to...

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Ian Horswill

Mergers & Acquisitions

Prestige Inhome Care takes on Vision Australia’s Home Care Packages

Prestige Inhome Care has assumed management of Vision Australia’s Home Care Package (HCP) clients, effective 1 October 2025.

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Caroline Egan

International

US manufactured home sector tipped to hit US$18.9B by 2030 – Australia’s land lease market not far behind

Australia’s land lease community sector was valued at $13.5 billion in 2024 – and now its US equivalent, the manufactured homes market, is forecast to grow from US$13.74 billion in 2025 to US$18.92 billion by 2030.

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Ian Horswill

Sector Moves & People

Australian Community Housing names Mark Degotardi as inaugural CEO

Australian Community Housing (ACH) – formed in 2025 through the merger of Australian Community Housing Infrastructure and PowerHousing Australia – has appointed Mark Degotardi as its first Chief Executive Officer.

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Ian Horswill

Housing News

RAAFA WA to build Andrew Russell Veteran Living in Perth after funding secured

Construction is now underway on a dedicated facility to temporarily house veterans at risk of homelessness, following a sod-turning ceremony in Cannington, Perth’s southern suburbs.

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Ian Horswill

Housing News

SA Govt ramps up housing for vulnerable older women

South Australia’s Department for Housing and Urban Development is investing in more housing options for vulnerable older women, with three significant projects underway or recently completed in Adelaide.

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Ian Horswill

Community Living

Bendigo seniors’ housing rebuild kicks off with VIC Govt funding

Victoria Premier Jacinta Allan has marked the start of construction on VincentCare Community Housing’s seniors’ living redevelopment in Bendigo, part of the State Government’s Big Housing Build and Regional Housing Fund.

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Ian Horswill

Housing

Build to Rent booms on Govt largesse, while retirement living left behind

Retirement villages remain “all intent and purposes” full – yet the sector continues to face massive hurdles with redevelopment and access to land for new projects.

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Ian Horswill

Housing News

Aspen smashes FY25 guidance

Aspen Group, led by Joint Chief Executives John Carter and David Dixon, has once again proved itself to be the unassuming hero of affordable housing.

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Ian Horswill

Housing

Summerhill Village in West Footscray, Melbourne, for women over 55, opens

Summerhill Village is an innovative, purpose-built social housing project designed for older women to live independently and age in place while enjoying the benefits of community living. Jointly owned by Not For Profit United Housing Co-operative...

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Ian Horswill

Housing

Juniper drives 2,500km solution: modular homes for aged care staff in the Kimberley

A convoy of trucks rolled into Fitzroy Crossing on Sunday, 10 August, carrying long-awaited modular homes that will provide accommodation for staff at Juniper’s Guwardi Ngadu Residential Aged Care Home.

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Caroline Egan

Housing News

Uniting NSW.ACT secures $1.75M grant for social housing energy upgrades

Uniting NSW.ACT has received $1.75 million from the Australian and NSW Governments to deliver energy-efficient upgrades – including hot water heat pumps, reverse-cycle air conditioners and solar panels – across 300 of its community housing units.

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Ian Horswill

Opinion

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Opinion

From survival to sustainability: five years on, aged care finally has certainty – now it needs transformation

1 November will mark 1,706 days since the Aged Care Royal Commissioners handed their Final Report to the Governor-General – and for the first time, the sector can say it has certainty. From Saturday, the new Aged Care Act and Support at Home...

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Lauren Broomham

Opinion

Hospital seniors living plan the blueprint to solve bed blocking

This past weekend, the NSW Health Minister, Ryan Park, made it clear what keeps him awake at night – the 1,100 hospital beds with elderly patients who are waiting to be discharged into aged care. To put this in perspective, this is the equivalent...

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Chris Baynes

Opinion

Aged care beds going backwards – where’s the outrage?

StewartBrown just dropped a number that should jolt the sector: average time on a Home Care Package has plunged from 3.6 years in FY24 to 2.4 in FY25. That’s not a tweak – it’s a cliff. And it speaks to the same uncomfortable truth across...

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Lauren Broomham

Opinion

Keyton’s thought leadership in a sea of misunderstanding on what retirement villages are

Why has Keyton for the second year financed a Future of Retirement Living roundtable in Canberra plus a full page in the Australian? They identify two major problems: bureaucrats still don’t understand what retirement villages are and don’t...

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Ian Horswill

Opinion

Our big idea: co-located retirement villages can solve hospital ‘bed occupancy’ in 16 weeks

Across Australia 2,000 hospital beds now hold 2,000 older Australians getting sicker, waiting for an aged care bed. The cost: $1,500 to $2,000 per day. Could co-located retirement villages offer a solution?

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Chris Baynes

Funding

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Government Policy

More sleepless nights: nearly 2,800 hospital patients waiting for aged care

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Caroline Egan

Government Policy

Government considering low-cost funding to help aged care operators build: Sam Rae

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Caroline Egan

Funding

Scape reportedly out of race for Keyton stake as Aware blocks bid

Scape Australia is understood to be out of contention to buy Lendlease’s 25.1% stake in Keyton, with majority shareholder Aware Super (49.9%) reportedly blocking a deal despite Scape offering the highest price, according to The Australian.

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Ian Horswill

Funding

21 aged care homes’ worth of hospital patients stuck waiting for discharge

As Premiers and Health Ministers battle Canberra over hospital funding, a new report has revealed a key reason costs are surging: thousands of older Australians remain stranded in hospital beds because there’s nowhere else for them to go.

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Caroline Egan

Aged Care

Govt forecasts 4,000 new beds for 2026-27 but will AN-ACC funding drive new builds?

The Federal Government is forecasting 4,000 new residential aged care beds to come online in 2026-27, but questions remain whether the sector can keep pace with demand as Australia’s over-85 population surges. A spokesperson for the Department of...

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Lauren Broomham

Government Policy

StewartBrown: factor care margins into AN-ACC funding

StewartBrown’s latest analysis of the AN-ACC funding decision has delivered a clear warning: the increase is too low to cover ordinary cost rises and wages, with direct care margins expected to fall further. Historically, those care margins have been used to cross-subsidise losses in accommodation and hotel services. With that buffer narrowing, StewartBrown argues the time has come for the sector to push for margins to be explicitly factored into care funding.

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Caroline Egan

Sector Moves & People

Vale Rupert Smoker, Founder and CEO of Evolution Trustees

Aspen Group has announced the “sudden and unexpected passing” of Rupert Smoker, Founder, Managing Director and CEO of Evolution Trustees, on Thursday 18 September.

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Ian Horswill

Housing News

Uniting NSW.ACT secures $1.75M grant for social housing energy upgrades

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Ian Horswill

Government Policy

18,650 social and affordable homes funded as 370 homes repurposed

The Australian Government’s flagship Housing Australia Future Fund (HAFF) has agreed to fund 9,284 social and 9,366 affordable homes through 279 successful projects under the first two funding rounds of the HAFF and National Housing Accord Facility...

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Ian Horswill

Funding

Aspen Group aimed to raise $4M – but could have taken $18M

The ASX-listed affordable accommodation provider, which has 10 active projects, announced a Security Purchase Plan (SPP) on Wednesday, 28 May, offering existing investors the opportunity to acquire up to $30,000 in Aspen Group securities without...

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Ian Horswill

Funding

Land lease operator GemLife’s IPO to surpass Virgin Australia, with 3 July listing confirmed

Adrian Puljich, his father Peter and Singapore diversified company Thakral Corporation opened talks on the possibilility of becoming a publicly listed business in April. A prospectus for the float will be lodged with the Australian Securities and...

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Ian Horswill

Aged Care

“Burdensome and underfunded”: aged care sector tells IHACPA what they think of AN-ACC cost collection

The Independent Health and Aged Care Pricing Authority (IHACPA) has released a 46-page report outlining the feedback received from the sector in the latest round of consultations on their pricing methodology. IHACPA received submissions from...

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Caroline Egan

News & Headlines

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News & Headlines

From co-contributions to continuum: Tom Symondson on where aged care reform must go next

Aged care’s next test won’t be passing legislation – it will be tracking what actually happens when the new rules collide with real lives. Tom Symondson, CEO of peak body Ageing Australia, says the design intent behind Support at Home is...

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Lauren Broomham

Mergers & Acquisitions

AlayaCare acquires Nightingale Software to deepen its aged care footprint in ANZ

Aged, home and community care platform AlayaCare has acquired Nightingale Software, strengthening its position across Australia and New Zealand’s aged care, home care and disability sectors.

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Caroline Egan

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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Caroline Egan

Retirement and Community Living

Village sector only stronger 12 months after ABC 7.30’s Retirement Rip-Off story: RLC

Retirement Living Council Executive Director Daniel Gannon, who was interrupted 78 times after agreeing to talk to ABC 7.30 reporter Adele Ferguson 12 months ago, said “Rather than retreat, the Retirement Living Council tackled fiction with facts - and trhe industry stood united.“

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Ian Horswill

Home Care

ABC 7.30 hones in on higher home care fees under Support at Home

The ABC’s 7.30 program has put the spotlight on increased consumer contributions under the Government’s new Support at Home scheme, set to begin 1 November 2025. As The Weekly SOURCE reported in SATURDAY back in July, from 1 November 2025, clients approved for Home Care Packages after 12 September 2024 will be required to contribute up to 15% of their service costs. That co-payment could mean $70 to $210 per week for basics like showering or domestic help.

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Caroline Egan

Legal Issues

Heritage Care found not guilty over deadly COVID-19 outbreak in 2020

A jury has found Victorian aged care provider Heritage Care did not breach the state’s Occupational Health and Safety laws by not properly training staff to use personal protective equipment (PPE) before a deadly COVID-19 outbreak.

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Caroline Egan

In the Headlines

Lifestyle Communities sells Ocean Grove land to pay down debt

ASX-listed land lease operator Lifestyle Communities has finalised the first of four land sales as part of a $114 million divestment program to cut debt.

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Ian Horswill

Health

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Ageing

Call to retirement living operators: designated seniors housing land next to Western Sydney hospital

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Ian Horswill

Funding

21 aged care homes’ worth of hospital patients stuck waiting for discharge

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Caroline Egan

Technology

The Pure Food Co launches internationally-inspired specialised texture modified meals for aged care

With new aged care quality standards set to force operators to provide greater choice at meal times, the nutrition technology innovator has launched a range of internationally-inspired specialised meals to give every resident a taste of home. The...

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Ian Horswill

Technology

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Government Policy

iLiquid’s My Aged Care contract tops $30M after 16th extension

The Department of Health and Aged Care has extended its deal with digital consultancy iLiquid Pty Ltd to “operate and enhance” the My Aged Care website for a further six months, adding $2.7 million and taking the total contract value to $30.6 million.

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Caroline Egan

Government Policy

Health Dept grants second eNRMC extension, avoiding aged care prescribing chaos

The Department of Health, Disability and Ageing has granted a further extension to the eNRMC transitional arrangements, allowing non-conforming Electronic Residential Medication Chart systems to continue issuing prescriptions until 31 December 2025.

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Caroline Egan

Government Policy

Under the hood of Services Australia’s new aged care systems – and good news

When a leading WA provider told The Weekly SOURCE they couldn’t see Support at Home contribution rates by 1 October – the Reform Roadmap deadline – we asked Services Australia for comment.

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Caroline Egan

Opinion

Is prevention – and Hospital in the Home – the only cure for an ailing health system?

Australia needs more aged care beds and more Home Care Packages – but we also need to stop treating hospitals as the first and last resort. That means a focus on prevention – and on alternative models like Hospital in the Home.

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Lauren Broomham

Mergers & Acquisitions

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Topic - Acquisitions

Can Aveo’s owner Scape Australia take over retirement village operator Keyton?

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Ian Horswill

Mergers & Acquisitions

SA fund manager ICAM extends seniors living portfolio into NSW

Adelaide-based fund manager ICAM has expanded its seniors living footprint into New South Wales with the acquisition of Signature Gardens Retirement Resort in Rutherford, in the Hunter region.

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Ian Horswill

Development

Lincoln Place hits $44M in development acquisitions in nine months

Land lease community operator Lincoln Place, founded in 2019 by Ben Hindmarsh and Nicholas Collishaw, has added another major project to its pipeline, acquiring a 16.3-hectare greenfield site in Wangaratta, 98km from Shepparton, Victoria.

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Ian Horswill

Mergers & Acquisitions

Benetas acquires aged care site at Keyton’s Sherwin Rise retirement village in VIC

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Caroline Egan

Mergers & Acquisitions

Prices for aged care homes in demand “far exceed” recent valuations

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Caroline Egan

Mergers & Acquisitions

GemLife approved to build 251-home land lease resort on QLD’s Sunshine Coast

ASX-listed GemLife has secured approval to deliver a $267 million, 251-home over-50s land lease resort at the Glass House Mountains on the Sunshine Coast hinterland – its seventh development approval in South East Queensland this year.

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Ian Horswill

Mergers & Acquisitions

AlayaCare acquires Nightingale Software to deepen its aged care footprint in ANZ

Aged, home and community care platform AlayaCare has acquired Nightingale Software, strengthening its position across Australia and New Zealand’s aged care, home care and disability sectors.

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Caroline Egan

Mergers & Acquisitions

Serenitas snaps up Lifestyle Communities’ 205-lot Ocean Grove site, with two more deals close

Serenitas has acquired Lifestyle Communities’ 205-lot Ocean Grove site on Victoria’s Bellarine Peninsula for $46.2 million, below its 30 June book value of $54.8 million, with infrastructure works largely complete.

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Ian Horswill

The Economy

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Government Policy

“Development pipeline across sector not going to be sufficient for ageing population”

“The development pipeline across the industry is not going to be sufficient for the ageing population,” Tony told the Property Council

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Ian Horswill

Aged Care

Opinion: the next aged care crisis is here

Read more about Australia’s ‘true’ occupancy rate – and the consolidation taking place in the residential care sector in SATURDAY – subscribe here

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Lauren Broomham

Development

Only in SATURDAY – the real reason aged care beds are hard to find

The Department of Health and Aged Care puts occupancy at 86.2%. Our investigations differ To find out why, subscribe to our premium digital magazine SATURDAY HERE

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Caroline Egan

Home Care

Fiji PM hints at reducing PALM worker numbers

The Prime Minister of Fiji, Sitiveni Rabuka, has indicated that the number of unskilled or semi-skilled workers that come to Australia through the Pacific Australia Labour Mobility (PALM) scheme could be cut, which could limit an important source of...

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Caroline Egan

Community Living

New Zealand needs more retirement villages to meet the demand

A new report by real estate firm JLL on the sector across the Tasman Sea has found demand for places is outstripping supply. A total of 36 new villages were added to the development pipeline last year with 452 villages currently providing homes for...

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Ian Horswill

The Weekly SOURCE

Will retirement living operators heed the call in Western Australia?

The state government has said it seeks to collaborate with the property and construction industry to “increase the supply and diversity of social housing”. The Department of Communities states it is particularly interested in submissions that...

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Ian Horswill

Aged Care

IHACPA releases Consultation Paper for aged care funding in 2024–25

The Independent Hospital and Aged Care Pricing Authority (IHACPA) has released its Consultation Paper on the Pricing Framework for Australian Residential Aged Care Services 2024–25 and asking for submissions from relevant stakeholders. The report...

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Caroline Egan

The Economy

ONLY IN SATURDAY: Aveo Group CEO on making serviced apartments profitable

Serviced apartments, or assisted living options in retirement villages, have been a challenge for the retirement living sector. Ageing village serviced apartments with relatively high weekly fees to cover the mandated meals and other services are...

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Caroline Egan

DCM Research

DCM Institute survey: How long Village Managers think they will stay in the role

The DCM Institute survey of 186 retirement village and community managers across Australia asked how long Village Managers intend to stay in the role and why they intend to leave. The survey found that 78% of Village Managers were generally...

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Section Editor

Topic - Aged Care

Anglicare Sydney pledges to reimburse study debt after one year’s service

Anglicare Sydney has launched a new program to support nurses – it will pay off student debt for employee nurses after one year of study. The new program already has more than 100 interested trainee nurses. Anglicare Sydney’s Chief Executive...

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Section Editor

Topic - Aged Care

Even with 15% pay rise, aged care staff are still earning less than their public hospital colleagues

Even after the 15% pay rise, entry level Registered Nurses working in aged care on the Award will still be earning 17% less than their public hospital counterparts. Data provided by the Australian Nursing & Midwifery Federation (ANMF) shows that...

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Section Editor

Topic - Aged Care

15% wage rise won’t deliver financial sustainability to aged care sector: StewartBrown

The aged care accounting firm has released its analysis of the Government’s funding for a 15% wage increase for aged care workers in the Budget – concluding that the extra funding will fail to deliver the financial sustainability that the sector...

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Section Editor

International

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Retirement and Community Living

Summerset Group starts construction on fourth Australian village as it breaks sales record again

The New Zealand-based retirement village operator is reaping the rewards of introducing upfront payments for its care suites, reporting record sales in the second quarter of the year.

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Ian Horswill

International

US manufactured home sector tipped to hit US$18.9B by 2030 – Australia’s land lease market not far behind

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Ian Horswill

International

Ryman Healthcare to dual list on ASX this week

Ryman Healthcare, New Zealand’s largest retirement living provider, will join the Australian Securities Exchange (ASX) on Wednesday, 1 October, as part of a dual listing to broaden its investor base.

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Ian Horswill

Mergers & Acquisitions

Brookfield offloads Aveo, targets US$10B American seniors housing giant

Fresh from selling Aveo for $3.85 billion, Brookfield Asset Management is looking to spend more than US$10 billion (A$15 billion) acquiring Yes! Communities, a major US manufactured home operator owned by Singapore’s sovereign wealth fund GIC.

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Ian Horswill

International

EQT’s Metlifecare lifts profit 25% on record sales

New Zealand retirement village operator Metlifecare – owned by Swedish investment giant EQT – has posted a 25% rise in annual profit and record sales for FY25, as demand for village housing and care continues to accelerate.

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Ian Horswill

International

10 seniors killed in deadliest fire in Massachusetts in over 40 years

Ten elderly people have died from a fire that sewpt through an assisted living home Gabriel House in Fall River, Massachusetts, with many residents in wheelchairs or wearing oxygen tanks. It was the deadliest fire in the state since 1984

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Ian Horswill

International

Macquarie to launch $5B senior housing platform - in the US

Sydney-based Macquarie Asset Management is launching a dedicated senior hiousing platform across the Pacific Ocean. It has linked with Chicage-based Health Wave Partners, a boutique investment firm specialising in high-quality senior housing across...

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Ian Horswill

International

NZ retirement villages take more than 20 years to turn a profit: Grant Thornton

Retirement villages in New Zealand can take more than two decades to become profitable, according to a new study from auditor and advisory firm Grant Thornton. The report, The Path to Profitability, found the average retirement village reaches...

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Ian Horswill