Sector Expert Partners

The answer every retirement village operator has to prepare for the children of village residents: Westpac Conversations at the Wharf

Jul 09 2024 Updated July 9, 2024

Ian Horswill

1 min read

Hear Daniel Aitchison, CEO of Palm Lake Care; Sean Graham, CEO of retirement village operator Aura Holdings; Jason Eldering, CEO of Southern Cross Care Queensland (pictured right); Kaizaad Mehta, and Adam Crombie (pictured left), Relationship Director, Westpac Healthcare, answer the following questions from DCM Group CEO Chris Baynes in Brisbane:

Is care an expectation by retirement village residents?

Are retirement villages becoming the default low care?

Check their responses:

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

Opinion

1,250 net new aged care beds in 2024: why PEP’s billion-dollar Opal HealthCare deal is ‘rolled gold’

The private equity firm’s agreement to take a 50% stake in Australia’s largest private residential aged care operator is confirmation that the sector is again headed for boom time as demand increasingly exceeds supply. As we report this week...

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Lauren Broomham

13 Feb 2025

Government Policy

New minimum liquidity ratios for aged care revealed

The new Aged Care Quality and Safety Commissioner, Liz Hefren-Webb, hosted a webinar on Tuesday outlining the New Financial and Prudential Standards, which remain open for consultation but due to take effect from 1 July 2025.

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Caroline Egan

20 Feb 2025

Mergers & Acquisitions

Final hurdle: Pacific Equity Partners to buy AMP Capital’s stake in Opal HealthCare

Australasia’s oldest and largest private equity firm has reached an agreement to buy AMP Capital’s “up to 50% stake” in Opal HealthCare, Australia’s largest private aged care operator, with 133 aged care homes across NSW, Victoria, QLD, WA, and SA.

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Caroline Egan

13 Feb 2025

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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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

Development

Minister for Health and Aged Care opens 100-bed Eldercare Goodwood in Adelaide

Eldercare Goodwood, the $40 million facility dubbed Adelaide’s most luxurious aged care home, was officially opened on Friday by the Minister for Health and Aged Care Mark Butler.

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‘Halfway house between a retirement village and a nursing home’

Self-described as a new concept, Christian Homes Tasmania wants to “revolutionise” aged care with plans for a $90m development including hotel styled independent living described as “a halfway house between a retirement village and a nursing...

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Ian Horswill

17 Feb 2025