Aged Care

The sector speaks to The SOURCE: Linda Mellors, Regis Aged Care CEO

Sep 19 2024 Updated 13 hours ago

Lauren Broomham

1 min read

Last Thursday marked a significant turning point in the aged care sector with the announcement of the long-awaited new Aged Care Act. DCM Group Editor Lauren Broomham spoke to Linda Mellors, CEO of ASX-listed Regis Aged Care, about her takeaways from the announcement.

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Main changes to the new Aged Care Act at a glance

The reforms to the Aged Care Act are for future residents. The Opposition secured grandfathering arrangements, to ensure that every Australian who has already commenced their journey of ageing within the Commonwealth system will not be impacted by...

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Ian Horswill

12 Sep 2024

Opinion

Real co-contribution is (almost) here: $3.76B cash

In March 2022, co-contribution in aged care was unthinkable, said nearly every CEO and adviser. Today, after many warnings that the countdown was on for the new Aged Care Act to pass Parliament this year, the Government and the Opposition has come...

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Lauren Broomham

12 Sep 2024

News & Headlines

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The Government has sealed a deal with the Opposition to support “once in a generation” aged care reforms, with the new legislation expected to be introduced into parliament later today. At a press conference in Canberra, Prime Minister Anthony...

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Caroline Egan

12 Sep 2024

Opinion

New Aged Care Act a golden opportunity for some retirement village operators

The new Aged Care Act has been welcomed by all and I think everyone in the sector breathed a sign of relief when they heard the news last Thursday. It still has to go before a Senate inquiry and the criticial words from The Greens and the Nationals...

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Ian Horswill

17 Sep 2024

The regional South Australian retirement village with a waiting list over three times its capacity

Tatiara Retirement Village is a Not for Profit venture in Bordertown, 250km southeast of Adelaide, celebrating its 50th year. Residents moved into the first six single-bedroom units in October 1973. It has been expanding ever since. From 1987 to...

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Ian Horswill

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Buying

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With the financial muscle of super fund Australian Retirement Trust (created from the merger of Sunsuper and QSuper), Odyssey Lifestyle Care Communities has bought a prestigious parcel of land in one of the Gold Coast’s most coveted areas, Cru...

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Ian Horswill

06 Aug 2024

Buying

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Since being founded in 2016 retirement sector Tim Russell and Mark Taylor have been developing six luxury vertical over 60s villages in sought-after locations in Brisbane, the Gold Coast and Sunshine Coast. Talking to Aura CEO Sean Graham after the...

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Exclusive: Retirement by Moran finalises purchase of huge Wesley Taylor Village on Sydney’s Northern Beaches and reveals development vision

Managing Director Sally Taylor said Retirement by Moran can now proceed with plans to redevelop the whole of the 9,234sqm site of The Wesley Mission’s Wesley Taylor Village and Residential Aged Care home adjacent to the beach at Narrabeen. They took...

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Ian Horswill

22 Apr 2024