Sector Moves & People Janet Anderson out, new Aged Care Quality and Safety Commissioner in The inaugural Commissioner of the Aged Care Quality and Safety Commission, Janet Anderson PSM, will depart the role next month after six years in favour of a new face. Click here Lauren Broomham 13 Dec 2024
Sector Moves & People Which aged care provider has been awarded a $136M contract to conduct assessments under new Single Assessment System? The Department of Health and Aged Care has released details of contracts worth nearly $1.5 billion awarded to operators to conduct aged care assessments under the new Single Assessment System. The largest contract, worth more than $226 million, was... Click here Caroline Egan 12 Dec 2024
Government Policy Breaking news: Fed Govt slashes $2.5B off aged care with new payments in arrears for residential aged care from 1 July 2026 With the Federal Budget slipping further into deficit over the next four years, the Mid-Year Economic Fiscal Outlook (MYEFO) 2024-25 has revealed the Albanese Government is looking to save on spending with aged care is in its sights. Presenting the... Click here Lauren Broomham 18 Dec 2024
Opinion 2024 aged care report card: pass for residential care, home care a failure The final report card for the aged care sector looks very different depending on what services you deliver. Click here Lauren Broomham 18 Dec 2024
Development Community Living Aveo chosen by NSW Government as partner to turn Manly Hospital site in Sydney into seniors’ housing First established in 1896, Manly Hospital on Sydney’s Northern Beaches was closed in 2018 following the relocation of services to the 488-bed Northern Beaches Hospital, operated and maintained by Healthscope, at Frenchs Forest, 13km north of... Click here Ian Horswill 18 Dec 2024
Community Living Sector Moves & People The man who stalled Aspen’s takeover of Eureka wants to buy back their shares to emerge as Eureka’s biggest shareholder A General Meeting is being held on Friday, 20 December, to decide if Ben and Blake Cottle’s investment entity Fileton can buy the shares. It will mean he and his associates have increased their voting power in Eureka from approximately 22.2% to... Click here Ian Horswill 17 Dec 2024
Development Mergers & Acquisitions Levande secures $1.5B sustainability linked loan for “future developments” The leading retirement operator, which is owned by EQT Infrastructure, says it has successfully extended and upsized its loan facilities, securing an AUS$1.5 billion Sustainability-Linked Loan (SLL). It states the financing aligns with Levande’s... Click here Ian Horswill 17 Dec 2024
Development GemLife launches its second $250M Toowoomba community – complete with $12.5M Country Club and Summer House After recording more than $172 million in sales for its first land lease community in the southern Queensland city, 90 minutes west of Brisbane, GemLife Director and CEO Adrian Puljich is taking the operator back for a second bite of the cherry. Click here Lauren Broomham 16 Dec 2024