Community Living

Issue 88 of SATURDAY available in 24 hours: retirement living sector must invest in staff or risk more bad press

Nov 07 2024 Updated 3 hours ago

Caroline Egan

1 min read

The taxpayer-funded ABC's coverage of retirement living reveals the sector has slipped into complacency.

To prevent the headlines, retirement living operators must commit to the Retirement Living Council's Code of Conduct and its pledge to "provide ongoing staff development and training".

How can DCM Institute's Professional Development program, which prepared by sector experts for those working in the sector, help?

Find out in the next edition of SATURDAY subscription magazine, published tomorrow. Subscribe here for only $250.

In just six weeks as Eureka CEO Simon Owen wants to raise $70M to buy seven retirement communities

The man, who transformed two small village operators into the then $1.65 billion ASX-listed Ingenia Communities, is setting a cracking pace in his new role in charge of Australia’s only pure-play seniors rental business. “I’m excited to announce...

Click here

Ian Horswill

25 Oct 2024

Sector Moves/People

Robotics pioneer Lee Martin, CEO of Lutheran Homes Barossa, SA, forced to step down

Lee had been CEO of the Not For Profit operator of three residential aged car homes and two retirement villages in South Australia’s Barossa Valley for more than a decade, was appointed in October 2014. He said he was “devastated” by the decision of...

Click here

Caroline Egan

30 Oct 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...

Click here

Ian Horswill

04 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...

Click here

Chris Baynes

05 Nov 2024

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...

Click here

Ian Horswill

15 Oct 2024

Legal Issues

Seven-year fight for former Berkeley Living residents’ money goes to High Court

The retirement village, now derelict, in Patterson Lakes, 35km southeast of Victoria,was closed due to safety concerns in 2017, with the 16 residents owed thousands of dollars from in-going contributions. Consumer Affairs Victoria posted an update...

Click here

Ian Horswill

01 Oct 2024

Legal Issues

ACCC back Stockland and Supalai buying Lendlease’s master planned communities with land lease community potential

Stockland Forest Reach was to include a Stockland Halcyon land lease community for over 60s

Click here

Ian Horswill

26 Sep 2024