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Only in SATURDAY: aged care reforms are an evolution and not a revolution

1 min read

Federal Treasurer Jim Chalmers. Credit: Jim Chalmers' Facebook

The Australian Government's aged care reforms mark the beginning of a shift in the mindset of the community towards paying for what has been traditionally a majority taxpayer-funded service. 

How will providers adapt to this marketing opportunity?

To find out, subscribe to SATURDAY, our premium digital magazine featuring interviews with the brightest and most innovative operators in the sector.

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Opinion

New Aged Care Act a golden opportunity for some retirement village operators

The new Aged Care Act has been welcomed by all and I think everyone in the sector breathed a sign of relief when they heard the news last Thursday. It still has to go before a Senate inquiry and the criticial words from The Greens and the Nationals...

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Ian Horswill
17 Sep 2024
Opinion

It may not be obvious but retirement living and land lease operators have received a ‘win’ in new aged care announcements

When Prime Minister Anthony Albanese announced “historic aged care reforms” on 12 September there was no mention of retirement villages or land lease communities. However, behind the new Aged Care Act and in particular co-contribution, that will be...

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Chris Baynes
24 Sep 2024
Topic - Acquisitions
Mergers & Acquisitions

Exclusive: Keyton is selling its 10 retirement villages in Western Australia

“Our WA villages are in great shape and its strong performance will have appeal to potential buyers. The time is right for us to capitalise on this opportunity,“ said Keyton CEO Nathan Cockerill

Click here

Ian Horswill
16 Sep 2024
Topic - Acquisitions
Mergers & Acquisitions

Retirement village pioneer Chas Jacobsen sells his two aged care homes to Regis Healthcare for about $400,000 a bed

The listed operator, which owns and operates 67 residential aged care homes, announced to the ASX this morning it has entered a binding agreement to acquire the village veteran’s two aged care homes Village Glen Mornington and Village Glen Capel Sound, on Melbourne’s Mornington Peninsula.

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Ian Horswill
20 Sep 2024
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News & Headlines
Mergers & Acquisitions

Pacific Equity Partners reportedly bids for stake in Opal HealthCare

The Australian Financial Review this week reported that infrastructure investor Pacific Equity Partners (PEP) has made a non-binding offer for Australia’s largest aged care provider, Opal HealthCare. Morgan Stanley has reportedly run a two-part...

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Caroline Egan
26 Sep 2024
Topic - Acquisitions

Village Glen will pivot back to retirement living after sale of aged care facilities

The family-owned organisation has executed a strategic plan to re-orient the business back to its roots in retirement living and home support, with the sale of its two residential aged care facilities on Victoria’s Mornington Peninsula for a net...

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Ian Horswill
24 Sep 2024
Topic - Acquisitions
Mergers & Acquisitions

Retirement village pioneer Chas Jacobsen sells his two aged care homes to Regis Healthcare for about $400,000 a bed

The listed operator, which owns and operates 67 residential aged care homes, announced to the ASX this morning it has entered a binding agreement to acquire the village veteran’s two aged care homes Village Glen Mornington and Village Glen Capel Sound, on Melbourne’s Mornington Peninsula.

Click here

Ian Horswill
20 Sep 2024
Topic - Acquisitions
Mergers & Acquisitions

Exclusive: Keyton is selling its 10 retirement villages in Western Australia

“Our WA villages are in great shape and its strong performance will have appeal to potential buyers. The time is right for us to capitalise on this opportunity,“ said Keyton CEO Nathan Cockerill

Click here

Ian Horswill
16 Sep 2024
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