User Profile

Chris
Baynes

New Aged Care Act – and Plan B co-contribution funding – was achieved just three years to the day from when the sector was called to mobilise

In November 2021, the editorial team here at DCM/The SOURCE sat down and discussed what is the future for aged care. To be blunt, there was no optimism in the sector as operators racked up month after month of financial losses.

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Chris Baynes

22 Nov 2024

Opinion

These sector CEOs provide a masterclass in professional development and generosity

It was fascinating last week to learn the extent leaders in our sector have invested in their own education. We were in Adelaide and then Perth at the DCM Institute VILLAGE SUMMITS. In each city two leaders gave their time to share their definition...

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Chris Baynes

18 Nov 2024

Opinion

StewartBrown survey and Code of Conduct essential for the retirement living sector

This week two important initiatives were announced. First StewartBrown announced it is launching an independent survey of retirement living operators, and the second is the Retirement Living Council is reducing the Code of Conduct fees, determined...

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Chris Baynes

10 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

Opinion

It is time every village operator signs up to the Code of Conduct

In November 2018, Retirement Living Council President and CEO of RetireAustralia, Alison Quinn (pictured), said the final draft Retirement Living Code of Conduct had now been endorsed by the RLC members and operators were expected to sign up and...

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Chris Baynes

29 Oct 2024

Retirement and Community Living

New independent retirement living benchmarking research announced by highly respected StewartBrown – commencing this month

StewartBrown’s Aged Care benchmarking research is the only resource trusted by all governments and the media. This important initiative for the village sector follows the ABC’s 7.30 and social activist media campaign and will provide...

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Chris Baynes

29 Oct 2024

Retirement and Community Living

Mark Prosser launches first Retirement Living stream

A one day program was assembled for the first meeting of ACCPA (pending name change) RL members with over double the planned delegates attending. Seating was provided for 80 and 164 delegates attended, requiring the room and seating to be expanded...

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Chris Baynes

28 Oct 2024

Retirement and Community Living

ACCPA announces new brand – Ageing Australia – and expanded mission to represent retirement villages and social housing

ACCPA announces new brand – Ageing Australia – and expanded mission to represent retirement villages and social housing In front of 2,300 delegates, ACCPA CEO Tom Symondson declared that with 300 members that operate retirement villages plus...

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Building smarter, greener land lease communities

Whether it’s land lease, retirement villages or other lucrative commercial or industrial property developments or investments, what’s on offer nowadays is a far cry from the basic amenities and comfortable living that was traditionally available. The stakes have changed, and so too have the expectations of residents, operators, and stakeholders.

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Chris Baynes

25 Oct 2024

Opinion

Older Australians aren’t fools and are not rusted on to the ABC anymore

Adele Ferguson and ABC 7.30 spent months building their ‘activist’ critique of the retirement villages sector, broadcast across approximately 10 days, from 30 September to 9 October. Few listened and fewer cared. Despite harnessing ABC TV, radio...

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Chris Baynes

22 Oct 2024

Opinion

Complacency comes at a cost for the retirement village sector

In the early 80s I was employed at a Sydney advertising agency. We had many smart clients but one in particular stood out: BP. The ABC 7.30 negative events of the past few weeks tell me that the retirement village sector (and the aged care sector)...

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Chris Baynes

15 Oct 2024

Opinion

It may not be obvious but retirement living and land lease operators have received a ‘win’ in new aged care announcements

When Prime Minister Anthony Albanese announced “historic aged care reforms” on 12 September there was no mention of retirement villages or land lease communities. However, behind the new Aged Care Act and in particular co-contribution, that will be...

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Chris Baynes

24 Sep 2024

Opinion

Ryman implosion – bad things a long time coming?

The finance veteran of the Australian retirement village sector is Jim Hazel, and he never misses the opportunity to say that bad things happen; good times do come to an end. They have come to an end for Ryman Healthcare over the past six weeks...

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Chris Baynes

03 Sep 2024