Community Living

Only in SATURDAY: Assisted living comes of age (again) – it can be financially viable

Aug 08 2023 Updated August 8, 2023

Ian Horswill

1 min read

Reports of the death of serviced apartments are premature: assisted living is finding new life as a self-funded model. Find out how, only in SATURDAY, which costs $275 including GST ($25), less than a three-course meal at a restaurant in Melbourne, Sydney and Brisbane. SUBSCRIBE NOW

The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

The Federal Government is seeking to set minimum liquidity requirements for residential aged care providers for the first time – dangerous territory for a sector that has finally reached a level of financial and regulatory certainty. Previously...

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Lauren Broomham

20 Feb 2025

Government Policy

New minimum liquidity ratios for aged care revealed

The new Aged Care Quality and Safety Commissioner, Liz Hefren-Webb, hosted a webinar on Tuesday outlining the New Financial and Prudential Standards, which remain open for consultation but due to take effect from 1 July 2025.

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Caroline Egan

20 Feb 2025

Government Policy

Always read the fine print: retirement village payments captured under new aged care liquidity ratios

A closer look at the legislation underpinning the Federal Government’s proposed minimum liquidity standards has revealed that aged care providers who also operate independent living units (ILUs) and retirement villages will have to retain 10% of ILU and retirement village refundable amounts under the changes.

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Caroline Egan

27 Feb 2025

Mergers & Acquisitions

Lendlease hands over $44M to ATO over sale of retirement village business but still disputes wrongdoing and $112M claim

The former No. 1 village operator, which has steadfastly stated it has acted within the law, disclosed in its HY25 financial report a payment to the Australian Tax Office (ATO) over the sale of 25% of its retirement living business to Dutch pension...

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Ian Horswill

24 Feb 2025

1H25 financial reports reveal Stockland and Ingenia land lease community pipelines strong

The cost of living is clearly hitting parts of the retirement living sector, with the property downturn particularly severe in Victoria. Stockland through its Halcyon brand and Ingenia Communities’ Ingenia Lifestyle division are leading the sector...

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Eureka has $100M+ pipeline with all-age communities the focus

Chief Executive Officer Simon Owen, who took on the role at Eureka in August last year, said he is committed to continue to expand the Eureka business with all-age rental communities the focus. “Eureka’s pipeline of acquisition opportunities...

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Work starts on Summerset Group’s first Australian care home at its Cranbourne North village in Melbourne

The New Zealand continuum of care operator announced a record full year underlying profit for the year ending 31 December 2024 of NZ$206.4 million, up 8% on FY23, yet recorded a lower net profit net profit of NZ$339.8M (NZ$425.3M 12 months earlier)...

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AVID Property Group announces two new Vantage land lease communities with two more in pipeline

With development approvals for Vantage Lilywood in Moreton Bay and Vantage Logan Reserve in Logan, the recent entrant into the sector now has 11 active communities across southeast Queensland and Victoria. The latest news follows the recent...

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Ian Horswill

11 hours ago