The Weekly SOURCE

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

10 hours ago

Record Breaking

Stockland debuts largest-ever land lease project, Halcyon Bayside, from $900K

The diversified property developer – set to become Australia’s largest land lease community operator once its current pipeline is complete – says it is ushering in a new era of resort-style living in Brisbane’s southern bayside. Located on...

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Ian Horswill

23 Jun 2025

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

23 Jun 2025

Community Living

7,200 new retirement units over three years fall short of demand: PwC/Property Council Retirement Living Census

In February, the Retirement Living Council’s Executive Director Daniel Gannon said: “Between now and 2030, the retirement industry requires 67,000 homes to be built to meet existing levels of demand from older Australians. Of this amount, only...

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Ian Horswill

23 Jun 2025

Opinion

Two retirement living surveys deliver 3,330 new village homes a year: $2.5B in new sales

Optimism has been the theme of the LEADERS SUMMIT for the past two years and there was clearly positive emotions at the Retirement Living Council national conference in Brisbane last week. And here is why: new retirement village development is back...

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Ian Horswill

13 hours ago

Elevator Pitches

Rethinking procurement: why the sector needs a smarter way to source suppliers

Ask any operator in aged care, home care, or retirement living and you’ll hear the same thing: finding the right suppliers is harder than it should be. Whether it’s catering, clinical waste disposal, allied health, or tech integrations, providers...

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Celebrating 100 issues of SATURDAY

SATURDAY has reached a significant milestone – our 100th edition! Over the years, we’ve delivered insightful journalism, in-depth analysis, and compelling stories that matter to our readers. This achievement reflects our commitment to excellence and our dedication to keeping you informed. Thank you for being part of our journey. Here’s to many more editions ahead!

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Group Editor

05 May 2023

Redevelopments

Mercy Health to replace former aged care home with 60 retirement apartments in inner-city Melbourne

The original brown brick and concrete building on Abbotsford, 2km northeast of the Staqte’s capital city centre, was built in 1977 as an aged hostel for the convent’s nuns. It was bought by he Nof For Profit in 2015 and permanently closed in April...

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Ian Horswill

23 Jun 2025

Awards

David Moran and Rosemary Southgate appointed Honorary Life Members of Retirement Living Council

At the start of the 2025 Property Council of Australia National Retirement Living Summit, the Retirement Living Council (RLC) inducted two of the sector’s most respected leaders: David Moran, CEO of Southern Cross Care SA, VIC & NT, and...

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Ian Horswill

23 Jun 2025

Awards

DCM Institute shines at the 2025 National Retirement Living Awards

Two existing members of the nation’s top training programme for Village Managers, and one former participant who asked to come back into the programme after she had won, were awarded top honours at the National Retirement Living Awards last Thursday...

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Ian Horswill

15 hours ago

Sector Moves & People

Law firm Russell Kennedy expands team with retirement living and aged care specialists

“Not only do Catherine and Nicola, complement our property offering but they bring experience in key sectors of focus, Aged Care & Retirement Living and Education in our Sydney office,” said Russell Kennedy’s Managing Director, Paul...

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Ian Horswill

23 Jun 2025

Community Living

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Partnering With Westpac

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

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Ian Horswill

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

Awards

DCM Institute shines at the 2025 National Retirement Living Awards

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Ian Horswill

Awards

BASSCare, Ingenia Lifestyle, Keyton and RetireAustralia take two gongs each at National Retirement Living Awards

RetireAustralia, the leading and innovative retirement village operator, and BASSCare (Boroondara Aged Services Society), which operates an integrated program of services including meals-on-wheels, residential care facilities, respite care and...

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Ian Horswill

Elevator Pitches

Rethinking procurement: why the sector needs a smarter way to source suppliers

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Sasja Bouwman

Retirement and Community Living

Inaugural StewartBrown FY24 Retirement Living Performance Survey released

The first annual Retirement Living Report joins the stable of detailed granular sector reports StewartBrown first established in 1995 with the Aged Care Financial Performance Report highly regaqrded by the Department of Health, Disability and...

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Ian Horswill

Opinion

Two retirement living surveys deliver 3,330 new village homes a year: $2.5B in new sales

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Ian Horswill

Aged Care

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Aged Care

mecwacare acquires stand-alone aged care home in southwest Melbourne

Not For Profit Victorian aged care provider mecwacare has acquired the 51-bed Allanvale Private Nursing Home, in Altona Meadows, southwest Melbourne.

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Caroline Egan

18 Jun 2025

Opinion

Reaping what we sow: No aged care beds. Now what? Time for Plan T

Australia’s aged care sector is in crisis – and no one should be surprised. After years of underbuilding, we’re now paying the price. Our analysis of GEN Aged Care Data shows that between 2020-21 and 2023-24, South Australia added just 253...

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Lauren Broomham

19 Jun 2025

Technology

Health Metrics acquired by US private equity firm Accel-KKR

“We’ve delivered strong growth under Tanarra’s guidance, and I believe Accel-KKR will help take that to the next level,” Paul told The Weekly SOURCE

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Caroline Egan

19 Jun 2025

Home Care

Home care providers fear sector collapse without urgent funding and reform clarity: Enkindle survey

Financial viability has overtaken workforce shortages as the top concern for home care providers in 2025, according to aged care advisory firm Enkindle Consulting’s third Home Care Provider Outlook Survey. The 29-page report, based on feedback...

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Lauren Broomham

19 Jun 2025

Mergers & Acquisitions

Southern Cross Care Broken Hill operations formally transferred to Southern Cross Care Queensland

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Caroline Egan

18 Jun 2025

Aged Care

Care minutes compliance jumps as funding penalty deadline looms: Mirus

Total care minutes per resident per day (prpd) increased 1.34% to 212.09 between April and May, while Registered Nurse (RN) minutes rose 1.52% to 43.77, according to aged care advisory firm Mirus Australia in its latest June survey. The survey...

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Caroline Egan

19 Jun 2025

Aged Care

Only in SATURDAY: why assisted living is the next frontier in aged care

As Australia braces for a surge in ageing Baby Boomers, St Basil’s NSW/ACT isn’t waiting. Under CEO Diana Horvatovic, the provider is betting big on assisted living – a more flexible, community-first model set to transform aged care. In this...

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Lauren Broomham

19 Jun 2025

Technology

SilVR Adventures: A phenomenal aged care growth story powered by VR

When Colin Pudsey founded virtual reality (VR) start up SilVR Adventures in 2019, he set out to solve one of the most intractable problems of our time: the growing number of older people who experience social isolation and loneliness. Colin also...

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Caroline Egan

18 Jun 2025

Development

500 patients waiting: Gold Coast hospital to open new dementia units

Gold Coast Health is preparing to open a 12-bed Geriatric Evaluation and Management (GEM) Unit and 10-bed Acute Cognitive Unit (ACU) at Gold Coast University Hospital in September.

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Caroline Egan

18 Jun 2025

Home Care

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Technology

Health Metrics acquired by US private equity firm Accel-KKR

“We’ve delivered strong growth under Tanarra’s guidance, and I believe Accel-KKR will help take that to the next level,” Paul told The Weekly SOURCE

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Caroline Egan

19 Jun 2025

Home Care

Home care provider Annecto directs clients to new providers as doors close

Annecto had expanded in recent years by absorbing CHSP clients from local councils exiting service delivery. In 2023, it took on clients from Buloke Shire Council and Mildura Council

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Caroline Egan

18 Jun 2025

Home Care

Home care providers fear sector collapse without urgent funding and reform clarity: Enkindle survey

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Lauren Broomham

19 Jun 2025

Saturday

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DIGITAL EDITION

Saturday

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

Issue 97 | Fixing aged care: providers leading the way

Issue 96 | Is aged care ‘fixed’?

Issue 95 | LEADERS SUMMIT Special: Designing your next decade

Issue 94 - Lou Pascuzzi - Chief Executive Officer & Managing Director, TLC Healthcare

Issue 93 | Man on a mission

Issue 92 | Disrupting the land lease model

Lauren Broomham

14 Feb 2025

Saturday

Part 2 of our Innovators series in first SATURDAY magazine of 2025

In our first edition of SATURDAY for 2025, we profile Group Homes Australia, Silverchain, and Home Instead, and others.

Issue 90 | The innovators shaping the sector

Lauren Broomham

06 Dec 2024

Conversation at the Wharf

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Partnering With Westpac

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

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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

Partnering With Westpac

Westpac Leading Conversations in Adelaide: Are retirement villages already low care?

DCM Group CEO Chris Baynes at the latest Westpac Leading Conversations at the Wharf in Adelaide asked “Are retirement villages already ‘low care’?”

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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

Development

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Redevelopments

Mercy Health to replace former aged care home with 60 retirement apartments in inner-city Melbourne

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Ian Horswill

Development

Work begins on Springtree’s second land lease community in Victoria

The brand founded by Elka Capital, the creation of David Laing and Tom McDonald, and The Lowy Family Group-backed Assembly Funds Management, has broken ground on its second land lease community in Yarrawonga, on the south bank of the Murray River...

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Ian Horswill

Development

OneCare eyes major retirement living expansion at Port Sorell aged care facility in Tasmania

OneCare CEO Peter Williams said the independent living units will be the first at Rubicon Grove

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Ian Horswill

Record Breaking

Stockland debuts largest-ever land lease project, Halcyon Bayside, from $900K

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Ian Horswill

Government

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Opinion

Reaping what we sow: No aged care beds. Now what? Time for Plan T

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Lauren Broomham

Aged Care

COVID-19 hits one in 10 aged care homes

As winter sets in, 252 aged care homes experienced a COVID-19 outbreak in the week to 12 June 2025, nearly 10% of all homes, as nearly 1,800 aged care staff and residents tested positive to the virus.

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Caroline Egan

Government Policy

Ageing Australia warns SA Government: Public shaming won’t solve bed-block crisis

Ageing Australia CEO Tom Symondson has warned the South Australian Government’s 10-point plan to “unblock” the state’s aged care system is “unworkable” and that the Government should work with providers instead.

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Caroline Egan

Government Policy

Peak bodies applaud retirement villages’ permanent exemption from QLD’s Residential Services (Accreditation) regulation

The Queensland Government has, after lobbying from the peak bodies, permanently exempted retirement villages in the Residential Services (Accreditation) (Retirement Village Schemes) Amendment Regulation 2025 on 12 June. The Residential Services...

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Ian Horswill

Government Policy

WA Government lists 16,692sqm infill site rezoned for seniors housing

Western Australian Minister for Planning and Lands, John Carey, said the release of the land for sale highlights the government’s strategic approach to infill development and commitment to creating more age-friendly communities across Perth’s...

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Ian Horswill

Government Policy

Retirement village residents stopped from attending Cairns Regional Council Ordinary Meeting ahead of rates decision

A council spokesman said the cap on protesters was put in place to allow other community members into the gallery despite more than a dozen spare seats left empty during the meeting, Cairns Post reported

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Ian Horswill

Legal Issues

“A mixed bag”: Russell Kennedy and Residents of Retirement Villages Victoria respond to state’s new Act

“Most of the amendments which will impact financial matters, such as deferred fees, exit entitlements, recurrent charges ceasing and maintenance and repair obligations, will be prospective. However, requirements in relation to village operations...

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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

Living with Dementia

Anglicare Southern Queensland open first specialist dementia care units on Gold Coast

The Australian Government Department of halth, Disability and Ageing has given $2.6 million to the has been spent unit at the Abri Residential Aged Care Home in Southport. The SDCP unit will be delivered through funding from the Commonwealth...

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Ian Horswill

Housing News

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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

Housing News

First modular homes for more than 65,000 on NSW social housing waitlist

The NSW Government, which has a gowing wait list of people needing social housing, 11,161 priority approved and 54,597 general approved. has announced the first factory built modular social homes are nearing completion. Three modular homes are being...

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Ian Horswill

Housing News

Anglican Care’s closed aged care home converted into housing for women over 55

The agency of the Anglican Diocese of Newcastle announced it was shutting an aged care home in Mt Hutton, a suburb of Lake Macquarie, 14km west-southwest of Newcastle, in March 2022. On Saturday, NSW Government announcedit has been converted in 20 units for homeless women..

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Ian Horswill

Out of the Ordinary

Will this catch on? Residential homes only for over-45s

In a first, 24 homes are being built for people aged 45 and over. “It’s a new concept. People haven’t really done a downsizer community development like this before. People put age restrictions on properties, but not for the reasons we have...

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Ian Horswill

Housing News

Over 100 social housing homes for seniors being built in Sydney

The homes are being delivered across inner east and west Sydney through a joint investment by the Albanese and Minns Governments, supported by the $2 billion Social Housing Accelerator Fund (SHAF). So far, 61 homes have been completed across...

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Lauren Broomham

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

Development

Eureka secures $180M in refinancing deal, acquires new site in QLD

Eureka Group Holdings CEO Simon Owen is delivering on his ambition to make the company Australia’s market leader in both over-50s and all-age rental communities, after successfully refinancing and expanding its debt facilities.

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Lauren Broomham

Housing News

15 new social homes planned for senior co-housing community in WA’s South West

“Whilst the project does not offer assisted living or nursing facilities, and each member is responsible for themselves, it is common in cohousing communities that if someone is sick, neighbours will help with activities like bringing them meals...

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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

Housing

Barossa Village revitalises underutilised land for the Buna/Kokoda housing project in Nuriootpa

Each of the five homes, which replaced two houses on the 2,400msq site in the town of Nuriootpa, the commercial centre of South Australia’s Barossa Valley, has been individually designed. “These are not one-size-fits-all units — they are...

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Ian Horswill

Mergers & Acquisitions

‘Affordable’ Aspen Group adds to portfolio with second WA land buy in six weeks

The ASX-listed affordable housing group announced last Wednesday it has entered a conditional contract to buy a new 18ha accommodation complex in Australind, a town 12km northeast of Bunbury’s CBD. Aspen Group, which serves the 40% of Australian...

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Ian Horswill

Topic - Housing News

Sydney Anglican Property lodging DAs to renew two sites with housing for women over 55 included

Social and affordable housing is much-needed in Sydney’s southwest and two projects delivering almost 260 such homes have been successful under Round 1 of the Albanese Government’s Housing Australia Future Fund (HAFF). However, as the Coalition...

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Ian Horswill

Opinion

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Opinion

Two retirement living surveys deliver 3,330 new village homes a year: $2.5B in new sales

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Ian Horswill

Opinion

Reaping what we sow: No aged care beds. Now what? Time for Plan T

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Lauren Broomham

Opinion

It took a 28-year-old to reboot the retirement living sector – at speed

Adrian Puljich was 28 years of age when he conceived GemLife and then convinced Singapore diversified investment business Thakral Corporation to commit 50% of funds to create the business. Nine years later it is valued at $1.58 billion. How did he...

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Chris Baynes

Opinion

“A national disgrace”: Butler’s 2022 words come back to bite on home care delays

In 2022, then-Shadow Health Minister Mark Butler condemned the Morrison Government for the 50,000 older Australians who died waiting for Home Care Packages, calling it “a national disgrace.” Now, as Health and Ageing Minister, Butler is facing his own reckoning.

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Lauren Broomham

Aged Care

Plan T: urgent ‘transformation’ needed to future-proof aged care for residents and operators

With aged care home occupancy over 95%, 85,000-plus on home care wait lists, and thousands stuck in hospitals, Australia’s aged care system is already operating beyond capacity – and facing a demographic tidal wave.

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Chris Baynes

Funding

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Funding

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

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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

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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

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Lauren Broomham

Funding

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

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Ian Horswill

Funding

Macquarie Bank reduces its substantial stake in Ingenia Communities

The global financial services group has continued to reduce its stake in the owner/operator of land lease and rental communities and holiday parks. Macquarie Bank had a significant voting power of 10.92% in April last year, but the substantial...

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Ian Horswill

Sector Moves/People

John Innes departs club/retirement living JV group Pariter with Tom Roche assuming CEO position

After five years establishing Pariter and creating a pipeline of joint ventures with community and golf clubs, John Innes has handed the CEO role to Tom Roche. John Innes Tom has led numerous large real estate and infrastructure transactions for...

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Ian Horswill

Funding

GemLife’s owners look at becoming a public company for second time

Adrian Puljich and Singapore’s Thakral Corporation have reached out to JPMorgan and Morgan Stanley to set up introductory meetings with listed equities investors to see if there is sufficient interest in an Initial Public Offering for GemLife...

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Ian Horswill

Funding

David Di Pilla sells substantial part of his 8% stake in Ingenia Communities

The HMC Capital Managing Director has sold down its stake as it raised $150 million to its balance sheet as it prepares to buy Brookfield Asset Management’s Healthscope, the second largest operator of private hospitals in Australia. David Di Pill...

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Ian Horswill

Government Policy

$300M first round of Support at Home Thin Market Grants opens

This week Aged Care Minister Anika Wells announced the Support at Home Thin Markets Grant is open, with Home Care Package and Short-Term Restorative Care providers in outer regional, rural and remote areas or providers delivering care in specialised markets able to apply.

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Caroline Egan

Funding

Looking to buy? Keyton increases debt with retirement living sector’s first green loan

When the leading owner and operator of retirement villages put its Western Australia portfolio up for sale last September, speculation rose why it needed the money. Now Keyton has increased its debt facilities to $1.3 billion with a significant...

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Ian Horswill

News & Headlines

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Technology

Health Metrics acquired by US private equity firm Accel-KKR

“We’ve delivered strong growth under Tanarra’s guidance, and I believe Accel-KKR will help take that to the next level,” Paul told The Weekly SOURCE

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Caroline Egan

Aged Care

Pacific Equity Partners finalises 50% stake in Opal HealthCare

On 30 May 2025, Pacific Equity Partners (PEP), one of Australia’s oldest and most successful private equity firms, finalised its acquisition of a 50% stake in Opal HealthCare – Australia’s largest residential aged care provider – after securing shareholder and regulatory approvals.

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Caroline Egan

News & Issues

Westpac Leading Conversations at the Wharf: The future of retirement villages

The latest Westpac Leading Conversations at the Wharf was held in Fortitude Valley, Brisbane, featuring Glen Brown, Co-Founder and CEO of Reside Communities; Sean Graham, CEO of Aura Holdings; and Andrew Hudson, Operations Manager of Eureka Group...

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Ian Horswill

Sector Moves & People

Former Estia Health boss appointed CEO of Melbourne aged care operator Mayflower

Not For Profit aged care operator The Mayflower Group, which has three aged care homes and one retirement village in Melbourne, has announced the appointment of global health and aged care leader Paul Gregersen (pictured above) as its new CEO. Paul...

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Caroline Egan

Out of the Ordinary

Council deny this 18ft high tree at Perth retirement village is a danger

Retention of the tuart tree, Eucalyptus gomphocephala, was a condition in the 2016 development approval for the retirement village despite it being known as one of the six forest giants of southwest Australia. Today, the tuart more than 40 years old...

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Ian Horswill

Aged Care

Rethinking healthcare at home: why Amplar Health is building the future for ageing Australians

Australia’s population is ageing, hospitals are under pressure, and traditional care models are falling short. Amplar Health, led by CEO Robert Read (pictured above), is reimagining healthcare with hospital-level services delivered at home...

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Lauren Broomham

In the Headlines

GemLife set to be first ASX-listed retirement living business since Gateway Lifestyle in July 2015 with $313.7M revenue forecast in 2026

In November 2016, Adrian Puljich, his father Peter and Singapore diversified company Thakral Corporation launched GemLife with its first land lease community aimed at Baby Boomers on Bribie Island, Moreton Bay, Queensland. Peter already had more...

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Ian Horswill

Health

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Aged Care

COVID-19 hits one in 10 aged care homes

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Caroline Egan

Living with Dementia

Anglicare Southern Queensland open first specialist dementia care units on Gold Coast

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Ian Horswill

Aged Care

Rethinking healthcare at home: why Amplar Health is building the future for ageing Australians

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Lauren Broomham

Technology

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Technology

Health Metrics acquired by US private equity firm Accel-KKR

“We’ve delivered strong growth under Tanarra’s guidance, and I believe Accel-KKR will help take that to the next level,” Paul told The Weekly SOURCE

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Caroline Egan

Technology

SilVR Adventures: A phenomenal aged care growth story powered by VR

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Caroline Egan

Technology

Operate the retirement village of tomorrow now and see the profit margin grow

The Baby Boomers want more, not less. They want smart, connected retirement villages with high-speed private networks, automated systems, and clean, affordable energy. Some are already there. Their staff roam with iPads, residents access seamless...

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Ian Horswill

Technology

Summerset taps Health Metrics’ eCase platform for Victorian retirement village rollout

The Australian owned and operated software platform has signed with the New Zealand-based retirement village provider Summerset to introduce the eCase management system across Summerset’s new Victorian continuum of care sites. Summerset Group’s...

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Ian Horswill

Mergers & Acquisitions

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Aged Care

mecwacare acquires stand-alone aged care home in southwest Melbourne

Not For Profit Victorian aged care provider mecwacare has acquired the 51-bed Allanvale Private Nursing Home, in Altona Meadows, southwest Melbourne.

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Caroline Egan

Technology

Health Metrics acquired by US private equity firm Accel-KKR

“We’ve delivered strong growth under Tanarra’s guidance, and I believe Accel-KKR will help take that to the next level,” Paul told The Weekly SOURCE

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Caroline Egan

Mergers & Acquisitions

Southern Cross Care Broken Hill operations formally transferred to Southern Cross Care Queensland

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Caroline Egan

Aged Care

Pacific Equity Partners finalises 50% stake in Opal HealthCare

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Caroline Egan

Mergers & Acquisitions

Banks said to be ready to bankroll Scape’s $3B bid for retirement village operator Aveo

Australia’s largest student accommodation provider is reported to be close to announcing its purchase of the second largest retirement village operator, which was put for sale by its owner Brookfield Asset Management in June last year. The buyer...

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Ian Horswill

Mergers & Acquisitions

Central Coast Legacy finalises $18.65M sale of Legacy Retirement Village in Gosford

Brisbane Water (NSW) Legacy Chief Executive Officer Peter Lawley OAM has told The Weekly SOURCE that Central Coast Legacy has a monthly lease back option for the 11,000msq block, 85km north of Sydney, for up to 12 months. The Not For Profit sold the...

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Ian Horswill

Mergers & Acquisitions

SA Not For Profit Barunga Village Inc. acquires 42-bed aged care home

42-bed The Willochra Home aged care facility in Crystal Brook, 200km north of Adelaide, has been acquired by South Australian Not For Profit aged care provider Barunga Village Inc.

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Caroline Egan

Aged Care

Care minutes are here to stay: Ansell Strategic’s latest board pack

With the re-election of the Labor Government, mandatory staffing targets are likely to remain in place for some time, predicts Cam Ansell, Managing Director of advisory firm Ansell Strategic in its Board Back for the March 2025 quarter.

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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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Government Policy

UK aged care faces crisis as immigration rules tighten

If you thought Australia’s aged care sector was doing it tough, spare a thought for our UK counterparts.

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Lauren Broomham

International

New York State Attorney General sues land lease operator over water so polluted residents have to boil it

New York Attorney General Letitia James last Thursday filed a lawsuit against River Valley Estates, LLC (River Valley), a mobile home park in Sullivan County, and its operators, George Levin and Gayla Sue Levin, for years of failing to maintain...

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Ian Horswill

International

EQT’s Metlifecare increases retirement village portfolio by 50% in 3.5 years

Since leaving the New Zealand stock exchange in 2020 when Swedish private equity firm EQT took over the business, the Auckland-based operator has been transformed by its five-year Full Potential Plan initiated in 2021. “We really have gone through...

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Ian Horswill

International

Promotional video for a senior living resort has 6.4M views – shame it’s not in Australia

Said to be Malaysia’s first purpose-built senior living resort, Millennia Village in Seremban, approximately an hour drive from Kuala Lumpur, is on a13ha site. It is the brainchild of John Chia, Chairman and Managing Director of semiconductor...

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Ian Horswill

Development

Building of retirement villages in New Zealand falls to six-year low as costs hits record high

Only 350 retirement village units were approved across the Tasman Sea in the second quarter of 2024, according to interest. co. nz, which represents a fall of 31% on two years ago. At the same time the average build cost per retirement village unit...

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Ian Horswill

International

Various payment systems at top four UK retirement villages

Research from online care platform Lottie reveals the country’s most popular retirement villages and the difference in how residents Over 55 pay to live in them. Retirement living is not cheap in England with the average price to buy in of nearly...

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Ian Horswill

Not for Profit

Only in SATURDAY: Community Home Australia (CHA) weighs up Bali ‘village’ for Aussie expats

The ink is barely dry on the deposit for its first international resort in Bali, but the innovative dementia care and disability provider already sees further opportunities to expand into accommodation for the growing Australian expat community. As...

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Lauren Broomham

Retirement and Community Living

Time to raise your prices? Look at what is charged for assisted living in the US

A Queensland aged care and retirement living operator told me after a recent tour of the US that his only thought was that his prices were too low. More than 30,600 assisted living facilities are currently active in America, with an average...

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Ian Horswill