Development

Only in SATURDAY: private developers look to affordable housing to de-risk projects

Jun 27 2024 Updated June 27, 2024

Caroline Egan

1 min read

Fresh Hope Communities' Nightingale affordable housing development in Marrickville, Sydney

With the Federal Government throwing cash at affordable housing, how are developers de-risking their projects amid soaring development costs?

Find out in our most recent edition of SATURDAY. Or subscribe here for an EOFY half-price special of only $125.

Brookfield start sale process for $3B retirement village operator Aveo

One of the world’s largest alternative investment management companies, Brookfield, is looking to sell its Australian retirement village owner/operator, for a figure around $3 billion. The Weekly SOURCE understands investment banks have been invited...

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Ian Horswill

25 Jun 2024

Mergers & Acquisitions

Silverchain Group to become Australia’s third largest home care provider after buying KinCare

With Silverchain Group’s existing 21,300 home care customers, the acquisition will more than double the combined organisation’s client base to nearly 33,000 in-home care recipients, making Silverchain Group potentially the second largest home care...

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Caroline Egan

02 Jul 2024

Retirement and Community Living

Shadow Minister for Health and Aged Care Anne Ruston causes a stir at the National Retirement Living Summit

The delegates left at the National Retirement Living summit on Friday morning had been told of a special address by the Minister for Aged Care Anika Wells. “I’m sorry that I couldn’t be there in person as Parliament is sitting. So, I’ve had to...

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Ian Horswill

02 Jul 2024

Home Care

The top 10 largest home care providers in Australia

One of the most notable features of Australia’s aged care system in recent years has been the rapid growth in home care - the number of Australians with a Home Care Package has nearly tripled from 93,331 in December 2018 to 269,573 in December 2023...

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Caroline Egan

21 Jun 2024

Southern Cross Care (NSW & ACT) appoints Mike Christensen as Chair

Southern Cross Care (NSW & ACT) has appointed a new Chair, Mike Christensen who has been on the Not For Profit’s board since 2021 and has chaired the Finance, Audit, and Risk Committee and Property Committee. With extensive experience in...

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Caroline Egan

3 hours ago

The Weekly SOURCE

Wollongong-based training organisations IRT Academy and Illawarra ITeC merge

IRT’s registered training organisation (RTO) IRT Academy and RTO Illawarra ITeC, both based on the NSW south coast, are set to merge, forming ITeC Academy. The integration was completed on 1 July 2024. Not For Profit Illawarra ITeC was founded in...

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Caroline Egan

3 hours ago

Infinite Care the latest operator to join SA Health’s program for hospital patients waiting for aged care beds

Infinite Care Klemzig, 6km north east of the Adelaide CBD, has admitted the first residents under its Care Awaiting Placement (CAPS) program, which provides short-term placements for SA Health patients awaiting a permanent bed in residential aged...

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Caroline Egan

27 Jun 2024

MiCare appoint Penni Michael as CEO to succeed long-standing boss Petra Neeleman

Melbourne-based Not For Profit provider of residential aged care, home care and retirement living services, which specialises in care for migrant communities, has appointed Penni Michael CEO. In August 2023, MiCare announced Jos van de Ven had been...

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Caroline Egan

20 Jun 2024