Community Living

Only in SATURDAY: Pacific Equity Partners will want 25% profit growth p.a. at Serenitas

Oct 31 2023 Updated October 31, 2023

Ian Horswill

1 min read

Will the relationship between listed property giant Mirvac and Pacific Equity Partners achieve its own individual aims in the form of land lease operator Serenitas? Read the answer in SATURDAY magazine.

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BaptistCare, Baptcare and Baptist Care SA set to become Australia’s third-largest, integrated care and services provider

Almost 18 months after BaptistCare NSW/ACT and Baptistcare WA merged, the Boards and executives of BaptistCare (NSW, ACT, WA), Baptcare (VIC, SA, TAS), and Baptist Care SA today announced they will merge to form a billion-dollar aged care and...

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Lauren Broomham

14 Nov 2024

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

The reality of the home care waiting list: Cyril Tooze dies after sharing his horrific experience

Cyril Tooze, who spoke out in October about his 12-month wait to receive home care despite being assessed as needing the highest level care, has died. Tooze, from the Adelaide Hills, was terminally ill with heart and lung conditions and chose to die...

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Caroline Egan

14 Nov 2024

The Weekly SOURCE

Mergers & Acquisitions

WA’s RAAFA acquires home care provider Perth Care and Companion Company

The Not For Profit operator is expanding its home care footprint with the purchase of Perth Care and Companion Company (PCCC), the first acquisition for CEO Michelle Fyfe who joined the organisation 12 months ago. As part of the acquisition...

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Why grow or go will be the mantra for aged care operators in 2025

If your organisation is looking to exit the sector, there has never been a better time to sell – why? With the new Aged Care Act tantalisingly close to being passed by Parliament and many operators reporting positive financial results for the...

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Lauren Broomham

14 Nov 2024

Home Care

Older Australians face “harrowing” issues accessing aged care services: OPAN report

“It is disappointing to see that yet again, people are struggling to have clear communication and information from their aged care providers,“ said OPAN CEO Craig Gear

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Caroline Egan

14 Nov 2024