News & Headlines

$5.4M penthouse apartment for sale in retirement village in Auckland’s wealthiest suburb

The construction site (left) is where Abbott Residences is rising beside Nathan Residences (right). This is The Foundation, a retirement village being built in Parnell, Auckland, one of New Zealand’s most affluent suburbs. The asking price for...

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Ian Horswill

18 Nov 2024

News & Issues

StewartBrown Partner Stuart Hutcheon to address ACCPA about Retirement Living Performance Report

The highly impressive initial response by the sector to the news the widely respected aged https://www. linkedin. com/in/david-gallery-9a887b13/care benchmarking accountant is providing an independent survey and report for the advocacy of the...

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Ian Horswill

18 Nov 2024

Out of the Ordinary

ABC 7.30 attack on Lifestyle Communities sees 64 cancellations and no new sales

It was in July when the show ABC 7.30 reported on Lifestyle Wollert resident Geoff Gauci, who described his investment in the land lease community as “a financial prison”. Lifestyle Communities shares immediately shed 7.8% from $12.57 to $11.59...

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Ian Horswill

18 Nov 2024

News & Issues

Retirement Living Council to significantly cut price of Code of Conduct subscription to support operator sign up

Executive Director Daniel Gannon said it is time to engage all village operators to participate – it is simply not good enough that less than 40% of retirement villages are subscribers to its Code of Conduct launched six years ago. He states that...

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Ian Horswill

10 Nov 2024

Out of the Ordinary

Anglicare scraps DMF for LDK’s Village Membership model at Woolooware Shores with early success

The Deferred Management Fee (DMF) has been replaced at the For Purpose Not For Profit’s Woolooware Shores retirement village in Taren Point, 18km south of Sydney’s CBD. Jodie Pennings, Head of Sales, Retirement Living, at Anglicare, contacted us...

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Ian Horswill

04 Nov 2024

In the Headlines

Retirement Living Council says ABC 7.30 retirement living coverage is activist journalism

The Retirement Living Council has told the ABC its “campaign” against the retirement living sector is clearly in breach of the taxpayer-funded broadcaster’s Editorial Policies, Principles and Standards, particularly in relation to impartiality...

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Ian Horswill

22 Oct 2024

News & Issues

Look Adele Ferguson: Here’s five people of 249,996 people you did not interview who have been in retirement living for 130 years combined

ABC 7.30 featured four residents in its agenda-driven stories on retirement villages to claim there are “systemic” issues in the retirement living sector and the “Fee structure creates incentive to churn residents’. That left 249,996...

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Ian Horswill

21 Oct 2024

In the Headlines

$13.5B land lease community penetration rate now estimated 3% compared to 1.6% in 2021 with demand unsatisfied: Chadwick Property Valuers

The Retirement Living Council states 250,000 people live in retirement living; the Chadwick Land Lease Communities (LLC) Industry Report September 2024 estimates 135,000 people now live in the $13.5 billion land lease communities’ sector. “In...

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Ian Horswill

22 Oct 2024

News & Headlines

Reinventing retirement living? Gurner Group’s “futuristic wellness and anti-ageing utopia”

This utopia might appear fanciful but Tim Gurner has runs on the board. “This will be Australia’s first next-generation wellness precinct where our homes can make us healthier and have a marked impact on our mental and physical wellbeing,” he...

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Ian Horswill

22 Oct 2024

Out of the Ordinary

$1 for a site in inner-city Sydney – just design, build and operate an aged care home

The City of Sydney is looking for a Not For Profit aged care provider to design, build and operate a residential aged care home for the local community on its 1,925sqm site at 49 Cope Street, Redfern, which is currently being used as a 55-place car...

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Caroline Egan

17 Oct 2024

Out of the Ordinary

How should retirement living operators be looking at the future? Find out at ACCPA’s National Conference

The Aged and Community Care Providers Association (ACCPA) is putting key issues such as development, finance and strategy planning under the microscope at its upcoming Conference (23-25 October) in Adelaide. Session 3 of its Strategic Spotlight on...

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Lauren Broomham

14 Oct 2024

Out of the Ordinary

In this issue of SATURDAY: How to turn a retirement village into private aged care

Read how in an exclusive interview with LDK Seniors’ Living CEO Byron Cannon only in this issue of SATURDAY subscription magazine. Click here to subscribe

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Ian Horswill

14 Oct 2024

Out of the Ordinary

Exclusive: Adrian Puljich to provide end of life care across all his Over 50s land lease community brands

With his passion unbridled, Adrian has launched his own company as he is “expanding our understanding of the sector” and utilising the pioneering attitude that his father brought to revolutionising the land lease community sector. He said: “We are...

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Ian Horswill

01 Oct 2024