Community Living

Westpac Conversations in Melbourne: Four leaders reflect on Care in Retirement Living

Mar 12 2024 Updated April 9, 2024

Ian Horswill

1 min read

Derek McMillan, Centennial Living Managing Director; Peter Nilsson, Chief Operating Officer, The Village Glen; and Anne McCormack, Chief Executive Officer, mecwacare, are in charge of the running of three retirement village businesses that are leading the care of seniors.

At the Westpac Conversations at the Grand Hyatt Melbourne, DCM Group CEO Chris Baynes asked Derek, Peter, Anne and Kaizaad Mehta, Head of Healthcare & Industry Specialisation, Westpac:

Home Care. Is it adequate for your residents?

Chris then asked Derek, Peter, Anne, Kaizaad, and Noral Wild, Head of Alternatives, Asia Pacific Australia, Cushman & Wakefield:

Are you a fan of high-level care or assisted living being part of the value proposition for retirement villages, and why?

Janet Anderson out, new Aged Care Quality and Safety Commissioner in

The inaugural Commissioner of the Aged Care Quality and Safety Commission, Janet Anderson PSM, will depart the role next month after six years in favour of a new face.

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Lauren Broomham

13 Dec 2024

Sector Moves & People

Which aged care provider has been awarded a $136M contract to conduct assessments under new Single Assessment System?

The Department of Health and Aged Care has released details of contracts worth nearly $1.5 billion awarded to operators to conduct aged care assessments under the new Single Assessment System. The largest contract, worth more than $226 million, was...

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Caroline Egan

12 Dec 2024

Government Policy

Breaking news: Fed Govt slashes $2.5B off aged care with new payments in arrears for residential aged care from 1 July 2026

With the Federal Budget slipping further into deficit over the next four years, the Mid-Year Economic Fiscal Outlook (MYEFO) 2024-25 has revealed the Albanese Government is looking to save on spending with aged care is in its sights. Presenting the...

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Lauren Broomham

18 Dec 2024

Sector Moves & People

Two key Dept architects of the aged care reforms are moving to new jobs

Michael Lye, the Deputy Secretary, Ageing and Aged Care, and Nick Morgan, Assistant Secretary, Support at Home Reform, with the Department of Health and Aged Care (DoHAC) have new jobs in the public sector that will shift them away from aged care, only months before significant reforms are scheduled to be implemented.

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Caroline Egan

11 Dec 2024

The burning physical, moral and financial question for village operators: how to exit frail residents?

We have been talking about this for some time, but now others are waking up to the significant calamity emerging for village operators. CBRE has just released is 2024 Seniors Living Report which states that (over the last 3 to 4 years) “in reality...

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Chris Baynes

23 Jan 2024

The Village Professional

Topic - Developments

4,335 new village homes and $1.73B a year required to maintain retirement village penetration – but marketing courage is required

This week I received an email from Alok Kumar, CEO of Omega Communities in Adelaide, asking if we had information on retirement village penetration in New Zealand and Australia. It is a subject worth revisiting for all RV operators. The New...

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Section Editor

12 Apr 2022

The Village Professional

Topic - Developments

First sod turned on RetireAustralia QLD’s The Green in Brisbane

Work has begun on RetireAustralia’s $80 million development The Green in Tarragindi, 8km south of Brisbane’s CBD. We reported on the joint ventures of retirement villages and golf clubs last year and RetireAustralia, whose CEO is Dr Brett...

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The Weekly Source

31 Aug 2021

The Village Professional

Village customers stronger than ever, despite or because of COVID

It shows that last year in September just under 3,800 people searched for a retirement village each day on villages. com. au

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The Weekly Source

24 Sep 2020