Sustainability in retirement and land-lease communitiessps

Mar 17 2025 Updated March 17, 2025

Group Editor

1 min read

Breaking news: RLC not happy – and secures emergency meeting with federal aged care regulator tomorrow to discuss proposed retirement village liquidity requirements

In a first for the retirement village sector, Retirement Living Council (RLC) representatives will meet with the Federal Aged Care Quality and Safety Commission (ACQSC) tomorrow (Thursday 6 March) to urgently counsel them on the impact of proposed federal liquidity requirements on village operators that will potentially stunt the village business model.

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Lauren Broomham

05 Mar 2025

Sector Moves & People

BaptistCare announce leadership team for new entity after merger finalised

The successful completion of the merger between Baptcare(VIC, TAS, SA), Baptist Care SA and BaptistCare (NSW, ACT, WA) has been announced with the new entity to be known as BaptistCare. “This merger is about much more than pooling resources; it’s...

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Ian Horswill

07 Mar 2025

Opinion

Australian Unity Group CEO Rohan Mead calls out why all village operators need to focus on a new revenue business model

The Financial Review last Wednesday published an exclusive article based on Rohan Mead’s assertion that the Australian health system is about to be swamped. In simple language, currently we average 20,000 ageing Australians turning 80 each year...

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Chris Baynes

10 Mar 2025

Opinion

$93M tied up: proposed liquidity ratios a “handbrake” on aged care and village development

David Moran, CEO Southern Cross Care (SA, NT & Vic), says the proposed standards could add years to new developments.

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Lauren Broomham

13 Mar 2025

Five years on, the COVID-19 virus is still in 104 aged care homes

Five years after the World Health Organisation declared COVID-19 a pandemic in 2020, its impact is still being felt in residential aged care.

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Cyclone Alfred landfall now forecast later than previously expected

As more than 1,000 retirement villages, land lease communities and residential aged care homes work tirelessly to prepare for Tropical Cyclone Alfred to make landfall, the Bureau of Meteorology has updated its forecasts for the Category 2 cyclone, now predicting it will reach Moreton Island by 7pm Friday and Brisbane at 7am Saturday, later than previously predicted.

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Stewart Johnston whose advocacy helped spark the Aged Care Royal Commission jailed

Stewart Johnston was sentenced in the Elizabeth Magistrates Court in Elizabeth, 24km north of Adelaide city centre, last Thursday (27 February), after pleading guilty to a charge of possessing child exploitation material.

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Caroline Egan

06 Mar 2025

In the Headlines

Australian Unity’s myHomecare acquisition grew revenue 35%: HY25 results

Australian Unity (AU)’s March 2024 acquisition of myHomecare Group helped the company grow revenue by 35% to $1.3 billion in its HY 2024-25 results, while Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 30% to $58 million...

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Caroline Egan

06 Mar 2025