The Weekly SOURCE

The three aged care bombshells from Senate Estimates

Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.

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Caroline Egan

15 Oct 2025

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

16 Oct 2025

Government Policy

Aged care visa deal brings just 249 overseas workers in 2.5 years

The Aged Care Industry Labour Agreement (ACILA) program – central to the Federal Government’s plan to ease aged care workforce shortages – has fallen well short, with only 249 overseas recruits arriving since May 2023, according to a new report from the Committee for Economic Development of Australia (CEDA).

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Caroline Egan

15 Oct 2025

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

15 Oct 2025

Mergers & Acquisitions

Only in SATURDAY: Respect’s quiet empire – 39 homes, one sale enquiry a week

Respect CEO Jason Binder says consolidation is “coming to us,” not the other way around – with boards approaching weekly as the regional NFP scales a 39-home network through selective acquisitions, a 90-day integration playbook, and a “profit for residents” philosophy.

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Lauren Broomham

16 Oct 2025

Home Care

Countdown to 1 November: Home care customers “incredibly confused” by co-contributions

With the new Aged Care Act just two weeks away, Community Vision CEO Yvonne Timson says the Perth Not For Profit’s priority is helping its 150 Home Care Package clients make sense of new pricing and budgets.

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Caroline Egan

15 Oct 2025

Aged Care

Lowest number of aged care beds on record added in 2024-25

Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.

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Group Editor

05 May 2023

Government Policy

“Three whole wards” can’t be discharged: Premier ramps up call for aged care funding

Tasmania’s Premier Jeremy Rockliff says the number of hospital patients medically cleared but unable to be discharged would “fill three full wards,” intensifying pressure on the Commonwealth to lift investment in aged care and disability supports.

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Caroline Egan

15 Oct 2025

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

15 Oct 2025

Aged Care

StewartBrown’s Grant Corderoy: Time for courage – and a new rental model – to make aged care investable

At StewartBrown’s 2025 Sydney Finance Forum last week, Senior Partner Grant Corderoy set a clear challenge to residential aged care providers: show courage, reset business models, and force the policy conversation toward investability, not just viability.

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Lauren Broomham

16 Oct 2025

Government Policy

Aged care’s remoteness tool “not fit for purpose,” consultation finds

The Government’s review of the Modified Monash Model (MMM) – used to allocate rural, regional and remote aged care funding – has found the tool is “useful but limited” and, in its current form, “not fit for purpose” for aged care.

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Caroline Egan

15 Oct 2025

Community Living

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Opinion

The retirement village identity crisis

It is with great interest we are following the developments in South Australia regarding the planning classification of retirement villages as ‘essential infrastructure’. The catalyst? Senior Australians locked in hospital beds with no place to...

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James Wiltshire

Community Living

Colliers: what’s the average cost of a land lease community development in 2025?

Colliers Engineering & Design has released its 2025 Land Lease Community Cost Per Site Report: QLD, NSW & VIC, offering detailed insights into the economics of developing land lease communities across Australia’s East Coast.

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Ian Horswill

Opinion

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

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Chris Baynes

Retirement and Community Living

Land for Ryman Healthcare’s “biggest-ever project” in Melbourne up for sale

Ryman Healthcare’s once-flagship Melbourne development site – billed as its largest project in Australia – has hit the market, marking another sign of the company’s near-total pause on new projects.

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Ian Horswill

Sector Moves & People

Lifestyle Communities CFO Darren Rowland resigns, with successor named

Lifestyle Communities has announced the resignation of Chief Financial Officer (and Joint Company Secretary) Darren Rowland, effective end of January 2026. He has served as CFO since May 2018.

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Ian Horswill

Development

Levande lodges new SSDA to rebuild 40-year-old Killara retirement village

Levande has returned with a fresh State Significant Development Application (SSDA) to redevelop the 40-plus-year-old Lourdes Retirement Village at Killara, 14km north-west of the Sydney CBD – more than 18 months after the Sydney North Planning Panel rejected an earlier proposal, a decision the operator called “deeply disappointing.”

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Ian Horswill

Retirement and Community Living

Thousands of NSW village residents to benefit from embedded network price cap

Embedded electricity networks – common in retirement villages, land lease communities, apartment blocks and shopping centres – supply multiple premises from a single grid connection and may include electricity, gas, hot water, chilled water or air conditioning. An estimated 95,000 NSW households are covered by these arrangements.

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Ian Horswill

Aged Care

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Aged Care

Lowest number of aged care beds on record added in 2024-25

Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.

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Lauren Broomham

17 Oct 2025

Government Policy

The three aged care bombshells from Senate Estimates

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Caroline Egan

15 Oct 2025

Opinion

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

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Chris Baynes

16 Oct 2025

Sector Moves & People

Treasure Jennings appointed Aged Care Complaints Commissioner

Treasure Jennings, the current head of Victoria’s Mental Health and Wellbeing Commission, has been appointed Aged Care Complaints Commissioner, effective 1 November 2025, just as the new aged care reforms take effect.

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Caroline Egan

09 Oct 2025

Development

St Jude’s Health Care Services’ Perth residential aged care expansion

Perth-based St Jude’s Health Care Services has been named as developer of the aged care facility to be built alongside Providence Lifestyle Wattle Grove retirement village, and the operator has also lodged plans to build a two-storey extension of its existing Midlands Nursing Home.

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Caroline Egan

16 Oct 2025

Aged Care

StewartBrown’s Grant Corderoy: Time for courage – and a new rental model – to make aged care investable

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Lauren Broomham

16 Oct 2025

Government Policy

Home care wait list surges past 120,000 ahead of 1 November

The number of Australians waiting for a Home Care Package has jumped to 121,909 – up 26% in just three months – as fresh data reveals the full scale of the home care backlog.

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Lauren Broomham

10 Oct 2025

Government Policy

Aged care assessments like a “lottery” with Department forced to reallocate referrals

The Department of Health, Disability, and Aged Care has intervened in redirecting delayed aged care assessments to organisations that have “greater capacity”, following reports 120,000 older Australians are on the waiting list to be assessed.

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Caroline Egan

09 Oct 2025

Government Policy

Aged care visa deal brings just 249 overseas workers in 2.5 years

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Caroline Egan

15 Oct 2025

Home Care

View all

Opinion

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

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Chris Baynes

16 Oct 2025

Government Policy

Support grows to keep CHSP beyond 2027

Calls are growing to keep the Commonwealth Home Support Programmed (CHSP) beyond 2027 – and the Government still has no plan or date to fold it into Support at Home.

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Caroline Egan

15 Oct 2025

Government Policy

The three aged care bombshells from Senate Estimates

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Caroline Egan

15 Oct 2025

Saturday

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DIGITAL EDITION

Saturday

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

Issue 98 | The $150 billion shift: why assisted living is back

Lauren Broomham

09 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

Aged Care

Lowest number of aged care beds on record added in 2024-25

Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.

Click here

Lauren Broomham

Development

St Jude’s Health Care Services’ Perth residential aged care expansion

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Caroline Egan

Development

Levande lodges new SSDA to rebuild 40-year-old Killara retirement village

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Ian Horswill

Development

Stage One of Keyton-managed Sunrise Beach Retirement Village to open in December

More than 50% of the 29 villas in Stage One of the Sunrise Beach Retirement Village have already been sold ahead of the community’s official opening on Tuesday, 8 December. The first stage will include the villas, a community clubhouse, and 15 co-located apartments.

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Ian Horswill

Government

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Aged Care

Lowest number of aged care beds on record added in 2024-25

Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.

Click here

Lauren Broomham

Opinion

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

Click here

Chris Baynes

Aged Care

StewartBrown’s Grant Corderoy: Time for courage – and a new rental model – to make aged care investable

Click here

Lauren Broomham

Government Policy

Support grows to keep CHSP beyond 2027

Calls are growing to keep the Commonwealth Home Support Programmed (CHSP) beyond 2027 – and the Government still has no plan or date to fold it into Support at Home.

Click here

Caroline Egan

Government Policy

The three aged care bombshells from Senate Estimates

Click here

Caroline Egan

Government Policy

Aged care’s remoteness tool “not fit for purpose,” consultation finds

Click here

Caroline Egan

Home Care

Countdown to 1 November: Home care customers “incredibly confused” by co-contributions

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Caroline Egan

Government Policy

Aged care visa deal brings just 249 overseas workers in 2.5 years

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Caroline Egan

Government Policy

“Three whole wards” can’t be discharged: Premier ramps up call for aged care funding

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Caroline Egan

Housing News

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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

Sector Moves & People

Catholic Health Australia CEO Jason Kara resigns

After two years leading the peak advocacy body for Australia’s largest non-government group of health, aged and community care services, Jason Kara has announced his resignation.

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Ian Horswill

Opinion

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Opinion

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

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Chris Baynes

Opinion

The retirement village identity crisis

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James Wiltshire

Opinion

These new retirement villages show providing care is here and now

Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...

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Ian Horswill

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

Opinion

Operators must have courage – don’t wait for accommodation review

The review into residential aged care accommodation pricing.announced by Aged Care and Seniors Minister Sam Rae is welcome but operators already have levers they aren’t pulling. Since 1 January 2025, providers have had the ability to raise Refundable Accommodation Deposits (RADs) to $750,000.

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Lauren Broomham

Funding

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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

Funding

Aspen Group raises $70M, launches bid for additional $4M in capital raise

The ASX-listed affordable accommodation provider – known for owning all its properties and projects – announced a Security Purchase Plan (SPP) on Wednesday (28 May), offering existing investors the opportunity to acquire up to $30,000 in Aspen securities without incurring broker fees, commissions, or other transaction costs.

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Ian Horswill

Funding

Aspen touts 20% return on invested capital at property investor event

The ASX-listed affordable housing provider has revealed strong performance metrics, highlighting a 20% return on invested capital across its portfolio of more than 1,500 sites in 10 communities. Speaking at Barrenjoey’s Emerging Property Companies...

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Lauren Broomham

Funding

Mareeba Community Housing Co granted extension to management of Community Housing for Seniors

The community at the base of Cape York Peninsula in Far North Queensland has more than 300 locals, including seniors, currently vulnerable to homelessness. Mareeba Community Housing Company (MCHC), which was given a three-year extension to its...

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Ian Horswill

News & Headlines

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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

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...

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Ian Horswill

In the Headlines

Macquarie-backed Millbray enters land lease market with $2.9B fund and 5,000-home target

Macquarie Asset Management has officially unveiled Millbray, a new vertically integrated land lease communities group, with plans to deliver at least 5,000 homes along Australia’s eastern seaboard.

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Ian Horswill

Government Policy

Government confirms AN-ACC price rise and 42% hotelling supplement boost

The Albanese Government has confirmed new funding increases for residential aged care from next month – including a significant 42% jump in the hotelling supplement. From 1 October 2025, the Australian National Aged Care Classification (AN-ACC)...

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Lauren Broomham

Health

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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

Ageing

SATURDAY sounds the alarm: Dementia is ‘galloping’ through retirement villages

Dementia rates in villages are climbing fast – but with limited staff, legal barriers to moving residents, and no clear safety net, operators risk being caught off guard. Where are the biggest risks – and what’s being tried to fix them? Find out in this week’s SATURDAY, our premium digital magazine.

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Lauren Broomham

Technology

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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?

Click here

Lauren Broomham

Mergers & Acquisitions

Accel-KKR snaps up MOA in its second aged care tech buy

US private equity giant Accel-KKR has sealed its second big play in Australia’s aged care software market, acquiring quality improvement platform MOA in a deal that could reshape the technology landscape. It follows Accel-KKR’s June purchase of Health Metrics.

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Lauren Broomham

Technology

Keyton renews contract with Excite Technology for $2.1M

The leading retirement village operator, owned by Aware Super (49.9%), APG Asset Management (25%) and Lendlease (25.1%), has renewed its contract with the ASX-listed technology provider. Excite Technology Services Limited said the $2.14 million...

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Ian Horswill

Mergers & Acquisitions

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Mergers & Acquisitions

Only in SATURDAY: Respect’s quiet empire – 39 homes, one sale enquiry a week

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Lauren Broomham

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

Mergers & Acquisitions

Bain Capital assesses what’s best for fattened Estia Health 23 months after $838M buy

The US-based private investor is reportedly believed to have contracted investment bank Barrrenjoey to see if its residential aged care business can be sold for a sizeable profit or should be floated on the ASX. The Australian, which reported Bain...

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Ian Horswill

Mergers & Acquisitions

Hall & Prior acquires Lake Cathie Manor for 15th aged care home in NSW

Hall & Prior has added another home to its growing New South Wales portfolio, acquiring Lake Cathie Manor, a 129-bed aged care home on the state’s Mid North Coast that only opened last year.

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Caroline Egan

Sector Moves & People

Seniors living consultancy Ethos Urban rebrands as Colliers Urban Planning

Ethos Urban, one of Australia’s leading planning and urban development consultancies with a strong footprint in seniors housing, has taken on a new identity as Colliers Urban Planning.

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Ian Horswill

Mergers & Acquisitions

Eureka’s all-age rental model expands into WA with $22.5M buy

Eureka Group Holdings has made its biggest move since Simon Owen took the helm, paying $22.5 million for Hillside Garden Village in Mount Richon, 30km southeast of Perth’s CBD.

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Ian Horswill

Redevelopments

Anglicare to bring aged care home in Sydney’s northwest back to life

Not For Profit faith-based operator Anglicare Sydney today announced it has signed a lease for the former Wesley Rayward site in Carlingford, 22km northwest of Sydney’s CBD, which will be recommissioned and is expected to welcome new residents into 74 rooms in 2026.

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Ian Horswill

Mergers & Acquisitions

Roshana Care Group acquires closed aged care home in regional NSW

Perth-based aged care operator Roshana Care Group will reopen Rosedurnate Aged Care, in Parkes, a town 355km west of Sydney, which The Salvation Army closed in 2024. The 70-bed home will be refurbished before reopening in the first quarter of 2026. Parkes Mayor Neil Westcott said “wonderful news”.

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Caroline Egan

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