Community Living

Aged care peak bodies react to the 2025 Federal Budget

A missed opportunity describes how the ageing sector feels about last night’s Budget announcement. Jason Kara, the CEO of Catholic Health Australia (CHA), said despite the significant investments in aged care over the past 18 months, CHA has warned...

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Ian Horswill

26 Mar 2025

Sector Moves & People

Picture Special: LEADERS SUMMIT 2025 suppliers and network breaks

Record numbers attended the sold out LEADERS SUMMIT 2025 in the Hyatt Regency, Sydney, and, as any conference organiser knows, its suppliers rooms makes the event that extra special. Here is our picture tribute with photos by Anthony Evans: More...

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Ian Horswill

25 Mar 2025

Mergers & Acquisitions

Aveo decides to keep its two Tasmanian retirement villages as part of sale

In April 2024, the Brookfield-owned retirement village operator announced it was selling its 15 retirement villages in South Australia and its two villages in Tasmania to become an East Coast operator. In August last year, Aveo announced it had sold...

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Ian Horswill

24 Mar 2025

Development

Startup Hyegrove Willoughby on track to sell 111 integrated aged care village apartments before it opens

For a new entrant to the retirement living sector, Patrick Abolakian impressed with an expansive vision for the RV sector at the sold-out LEADERS SUMMIT last Wednesday. Over 80% of the 111 apartments, at an average price of $2.8 million ($28,000 per...

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Ian Horswill

24 Mar 2025

Retirement and Community Living

Despite village operators’ lobbying, future senior housing development in NSW is ‘road kill’

Retirement by Moran Managing Director Sally Taylor voiced the disappointment of the sector at LEADERS SUMMIT 2025 after the State Government released a housekeeping amendment to the Housing State Environmental Planning Policy. “Myself and quite...

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Ian Horswill

24 Mar 2025

Community Living

Anglicare releases documentary ‘Unashamedly Old... But Won’t Be Told’ as Woolooware Shores’ final stage launches

The final release of 78 premium residences across two buildings, completes the $263 million luxury retirement village with a total of 441-apartments, constructed by Growthbuilt. The release of the one-, two-, and three-bedroom apartments, suites...

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Ian Horswill

24 Mar 2025

Government Policy

Retirement Living Council demands Aged Care Act be delayed

Its Executive Director Daniel Gannon has listed six reasons why the Albanese Government should delay the 1 July introduction of the new Aged Care Act.

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Ian Horswill

24 Mar 2025

Mergers & Acquisitions

BaptistCare acquire two Sydney retirement villages and last residential facility owned by Presbyterian Aged Care

The Not For Profit has announced this afternoon (Monday 24 March) has acquired Presbyterian Aged Care’s eight-unit Iona Village and the 66-bed Minnamurra aged care home in Drummoyne, 6km west of Sydney’s CBD, and the 25-unit Pitt Wood Village in Ashfield, 8km west of the CBD.

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Ian Horswill

24 Mar 2025

Opinion

Fact: the village sector understands retirement accommodation. It is time to shine

NSW Planning has just delivered the “worst-case scenario for the seniors housing industry’ in its Low and Mid-Rise Housing Policy, leaving retirement villages behind as ‘road kill’, according to Ethos Urban. In summary, affordable housing...

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Chris Baynes

25 Mar 2025

Development

Only 13 of 51 new apartments launched at Levande Pine Lake retirement village on Gold Coast remain for sale

Chief Executive Officer Kevin McCoy opened the new apartments in a ceremony in Elanora last Wednesday. The new apartments - $695,000 to $765,000 (one-bedroom, one bathroom) and $775,000 to $1.2 million (two-bedroom, two bathroom) - mean the village...

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Ian Horswill

24 Mar 2025

Government Policy

Will Retirement Living Council’s calls for reform be heard tonight?

The Federal Budget is released tonight and with the Labor government leaking several major announcements, it appears helping retirees is off the list. The Retirement Living Council (RLC) last Tuesday released a new report “Removing Rightsizing...

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Ian Horswill

25 Mar 2025

Technology

300,000+ homes power cut by ex-Tropical Cyclone Alfred but not this over 50s land lease community

More than 44,000 homes on the Gold Coast still remained without power when Prospecta Utilities CEO Mark Langdon spoke at the LEADERS SUMMIT in Sydney last Wednesday. He told how Prospecta Utilities’ private wireless 5G network at GemLife Gold...

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Ian Horswill

24 Mar 2025

Development

Strong demand for second LLC in Toowoomba: GemLife Highfield Heights stage one, with 72% of homes under contract

The launch of the land lease communities’ developer’s second over-50s land lease community in Highfields, 15km north of Toowoomba, has seen strong buyer interest within just two-and-a-half weeks. Located near GemLife Highfields, which launched...

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Ian Horswill

24 Mar 2025