Funding

John Innes departs club/retirement living JV group Pariter with Tom Roche assuming CEO position

After five years establishing Pariter and creating a pipeline of joint ventures with community and golf clubs, John Innes has handed the CEO role to Tom Roche. John Innes Tom has led numerous large real estate and infrastructure transactions for...

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Ian Horswill

2 hours ago

Government Policy

$300M first round of Support at Home Thin Market Grants opens

This week Aged Care Minister Anika Wells announced the Support at Home Thin Markets Grant is open, with Home Care Package and Short-Term Restorative Care providers in outer regional, rural and remote areas or providers delivering care in specialised markets able to apply.

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Caroline Egan

03 Apr 2025

Funding

Looking to buy? Keyton increases debt with retirement living sector’s first green loan

When the leading owner and operator of retirement villages put its Western Australia portfolio up for sale last September, speculation rose why it needed the money. Now Keyton has increased its debt facilities to $1.3 billion with a significant...

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Ian Horswill

31 Mar 2025

Development

Purrkanaitya Aboriginal Elders Village in Bedford Park, SA, building begins after $5.15M grant

The elders’ village in the southern suburb of Adelaide will include 40 culturally appropriate one-bedroom social dwellings, which will include the necessary infrastructure to promote independent living within a community setting for Aboriginal...

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Ian Horswill

31 Mar 2025

Funding

Mareeba Community Housing Co granted extension to management of Community Housing for Seniors in Cape York

The community at the base of Cape York Peninsula in Far North Queensland has more than 300 locals, including seniors, currently vulnerable to homelessness. Mareeba Community Housing Company (MCHC), which was given a three-year extension to its...

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Ian Horswill

31 Mar 2025

Sector Moves & People

QLD nurses’ union seeks FWC approval to negotiate pay and conditions with three aged care providers in sector first

The Queensland Nurses and Midwives Union has asked the FWC if it can begin multi-enterprise supported bargaining with Anglicare Southern Queensland, Superior Care Group, and Catholic Healthcare Limited.

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Caroline Egan

27 Mar 2025

Funding

Bain Capital-owned Estia Health reportedly secures $300M finance line

Estia Health has secured $300 million in financing from Japanese Bank Nomura, according to The Australian Financial Review’s Street Talk column.

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Caroline Egan

11 Dec 2024

Government Policy

200 patients still lying in SA hospitals waiting for aged care beds

It would take two large aged care homes to house all the older patients in South Australian hospitals ready to be discharged, but waiting to be offered an aged care bed. The Peter Malinauskas Labor Government’s promise to build more than 600 new...

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Caroline Egan

17 Oct 2024

Government Policy

Hourly updates on Senate Inquiry into the Aged Care Bill 2024 in Canberra today

The Senate Inquiry into the Aged Care Bill 2024 will hold eight hearings around the country this month, with the Inquiry expected to be wrapped up by the end of the year. Acting Inspector-General of Aged Care Ian Yates is the first to appear before the inquiry in Canberra on 3 October 2024.

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Caroline Egan

03 Oct 2024

Government Policy

Inspector-General: aged care reforms do not meet Royal Commission’s expectations

In its Senate Inquiry into the Aged Care Bill 2024 submission, the Office of the Inspector-General of Aged Care (OIGAC), which is led by long-time industry expert Ian Yates AM, has restated its position that Australia should be moving towards...

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Caroline Egan

03 Oct 2024

Government Policy

DoHAC responds to claims of shortfall in Hotelling Supplement

This week, we reported that StewartBrown’s analysis of the Federal Government’s aged care reforms showed the Hotelling Supplement may require an additional $7 per bed per day to “fully meet” the actual cost of delivering hotelling services.

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Caroline Egan

26 Sep 2024

Aged Care

Fed Govt pledges $900M for aged care services in thin markets

Aged Care Minister Anika Wells has announced a $900 million support package for aged care providers operating in thin markets, as part of the Federal Government’s $5.6 billion aged care reforms announced on 12 September. The Government will invest...

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Caroline Egan

26 Sep 2024

Opinion

Optimism 2.0: only three years until billions in new cash flows into aged care

Analysis of the Australian Government’s aged care reforms has forecast the residential aged care sector can expect at least $2-plus billion a year in additional funding in three years’ time. Will it be enough to incentivise new beds? As we...

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Lauren Broomham

26 Sep 2024