Search Results - The Weekly SOURCE

Aveo CEO Tony Randello re-elected Retirement Living Council President

Tony Randello will lead the peak body for retirement living for another two years after being appointed President at the organisation’s AGM yesterday.

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Ian Horswill

21 Feb 2025

Development

Catholic Healthcare celebrates construction milestone for new aged care home on NSW Central Coast

Growthbuilt, the Not For Profit’s construction partner, hosted a Topping Out ceremony with representatives from both organisations gathering to witness a significant milestone in the construction of a new 102-bed residential aged care home at...

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Ian Horswill

21 Feb 2025

Community Living

Aspen buys 26ha site in WA and reveals plans as HY25 results show strong growth

The ASX-listed affordable housing group has shown the vociferous demand for its products as it released its HY25 Financial Result on Thursday. Aspen Group’s revenue increased by 20.1% to $50.9 million, and its profit surged by 39.9% to $31.2 million...

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Ian Horswill

21 Feb 2025

Opinion

The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

The Federal Government is seeking to set minimum liquidity requirements for residential aged care providers for the first time – dangerous territory for a sector that has finally reached a level of financial and regulatory certainty. Previously...

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Lauren Broomham

20 Feb 2025

Development

Uniting AgeWell opens two new aged care wings in Hobart

The Not For Profit has invested $5.4 million in two newly opened residential aged care wings in Tasmania.

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Caroline Egan

20 Feb 2025

Government Policy

Home care still seen as viable business despite labour costs rising

Margins fell to 7.1% in Q1 2024-25 due to an 11% increase in expenses as claim days and package utilisation increased pushing labour costs higher.

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Caroline Egan

20 Feb 2025