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© 2024 The Weekly SOURCE
Aged Care

The sector speaks to The SOURCE: Penelope Eden, Partner MinterEllison

1 min read

Penelope Eden, Partner at MinterEllison, shares her insights on the implications of the Government’s aged care reforms package with Lauren Broomham, the Editor at DCM Group.

To read more, subscribe to SATURDAY. There is nothing else like it in the ageing sector.  

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Top Stories
Government Policy

Coalition Senators make 32 recommendations on the Aged Care Bill 2024

After seeking a four-day extension, the Senate Inquiry Report was published on Monday, with the Senate Committee recommending the Aged Care Bill 2024 be passed without amendment.

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Caroline Egan
07 Nov 2024
Opinion

Is David Di Pilla making a land lease wrap up move on Lifestyle Communities and Ingenia?

Last Thursday David Di Pilla’s HMC Capital notified the ASX it had acquired 2.69% of Lifestyle Communities. It looks like they may also have access to another 4.6%, a total of 7.3%, whilst also owning around 8% of Ingenia. What is his strategy? Di...

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Chris Baynes
05 Nov 2024
Out of the Ordinary

Anglicare scraps DMF for LDK’s Village Membership model at Woolooware Shores with early success

The Deferred Management Fee (DMF) has been replaced at the For Purpose Not For Profit’s Woolooware Shores retirement village in Taren Point, 18km south of Sydney’s CBD. Jodie Pennings, Head of Sales, Retirement Living, at Anglicare, contacted us...

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Ian Horswill
04 Nov 2024
Opinion

No capital, no beds, no care: can Hospital in the Home help fill the gap?

While in Adelaide two weeks ago for the ACCPA National Conference, we took the opportunity to tour SA Health’s My Home Hospital service, which is delivered through a joint venture between Calvary Health Care and Amplar Health. What we saw blew us...

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Lauren Broomham
07 Nov 2024
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Mergers & Acquisitions

Not For Profit Resthaven moves in new direction after taking over 11 Aveo retirement villages in South Australia

The Not For Profit agency of the Uniting Church is now the fourth biggest retirement living provider in the state, with more than 1200 units after buying 11 villages from the Brookfield-owned operator. It acquired 799 units from Aveo, with Eldercare...

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Ian Horswill
10 Nov 2024
Mergers & Acquisitions

David Di Pilla’s HMC Capital responds on its significant investment in Lifestyle Communities

DCM Group CEO Chris Baynes’ Opinion Article last Tuesday on the move by HMC Capital to buy 2.69% voting power in the Victorian land lease communities provider sparked a response from HMC. “It’s early days in our investment into [the company]...

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Ian Horswill
10 Nov 2024
Mergers & Acquisitions

Estia Health buys Calvary Health Care’s three aged care homes in QLD

The private aged care operator Estia Health has boosted its already significant presence on the Gold Coast and Sunshine Coast. The purchase of Calvary Health Care’s three Queensland aged care homes, Calvary Robina Rise, Calvary Noosa and Calvary Gympie Views...

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Caroline Egan
07 Nov 2024
Mergers & Acquisitions

Private Equity Partners reportedly to pay more than $1B for 50% of Opal HealthCare

Opal HealthCare is Australia’s largest aged care provider, with 133 aged care homes in NSW, Vic, Qld, WA, and SA, after the acquisition of 31 homes in Victoria from BlueCross

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Caroline Egan
07 Nov 2024
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