News & Headlines

Meet the sector’s innovators in the final issue of SATURDAY magazine for 2024

Dec 03 2024 Updated 22 hours ago

Ian Horswill

1 min read

Every day, leaders across the retirement living, land lease and aged care sectors are on the frontline, driving new approaches and solving the challenges facing the sector – so what are the names you need to know?

In the final issue of SATURDAY for 2024, we present Part 1 of our Innovators special – and reveal who you need to watch out for in 2025.

Subscribe today and take advantage of our special Black Friday deal – 50% off the first 12 months for new subscribers. Find out more here.

The legislation that will change the retirement village sector forever

The new Aged Care Act was passed in Parliament yesterday and with it Anika Wells announced 83,000 additional Home Care packages. These actions will cement care into retirement villages. Independent living will gradually disappear as a value...

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Chris Baynes

26 Nov 2024

Government Policy

Aged Care Bill 2024 passes Senate with bipartisan support after amendments

In a historic moment for the aged care sector and older Australians, the Aged Care Bill 2024 has been approved in the Senate. “We congratulate our elected politicians for putting older Australians and the future of aged care above party politics...

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Caroline Egan

21 Nov 2024

Government Policy

The 10 amendments the Opposition wants to make to the Aged Care Bill 2024

Today, Shadow Minister for Aged Care Senator Anne Ruston on behalf of the Opposition has tabled 10 amendments to the Aged Care Bill 2024 in the Senate.

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Caroline Egan

20 Nov 2024

Opinion

Five big unanswered questions from the new Aged Care Bill

The aged care sector is (again) on the brink of historic change with the Aged Care Bill 2024 looking set to pass Parliament within the next few days – but question marks remain over several of the reforms contained within the new Act. The Bill is...

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Lauren Broomham

21 Nov 2024

New entrant has approval to build retirement village with 24/7 care in Port Stephens, NSW

Michael Coddington, the former CEO of Kurri Kurri Community Services, formed Imagining for Good and Building for Good Australia in January this year. He told Port Stephens Council of his plan, which was approved, to turn Tilligerry Plaza at Tanilb...

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Ian Horswill

02 Dec 2024

Topic - Acquisitions

Mergers & Acquisitions

Shalain Singh returns to the seniors sector with $585M healthcare hub transaction

The senior adviser has established his own healthcare and real estate firm – Arrow Advisory Group – focused on primary care, medical centres, retirement living, residential aged care and hospitals – and has just completed a major deal...

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mecwacare’s $30M Ballan VIC aged care redevelopment to begin in January

Construction on the site in Ballan site, 80km west of Melbourne, is expected to start in January, with the $30 million redevelopment set to be completed mid-way through 2026.

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Family owned Tulich Group seeks 210 “vertical retirement only village’ in Oran Park, Sydney

The development application for the group’s first retirement-only village has been filed with Camden Council. Tulich Group, which operates the award-winning retirement living and residential aged care facility The Royce in Penrith, adjacent to...

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Ian Horswill

26 Nov 2024