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

Reduce liquidity ratios to aged care providers: Ageing Australia’s submission to Aged Care Quality and Safety Commission

The proposed new liquidity ratios, released as part of new Financial and Prudential Standards, should be reduced to 25% for quarterly cash expenses and 5% for quarterly RAD liabilities, and should be removed altogether on refundable amounts for ILUs and retirement villages, Ageing Australia has recommended in a submission.

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Caroline Egan

13 hours ago

Retirement and Community Living

Opinion

Village operators relying on external Home Care take note: 105 days to new regs

Home Care is about to change significantly. You should know one reason but you are unlikely to know the second. Home Care changes to a new system titled Support at Home (S@H) on 1 July, just 105 days from now, or 71 working days. A lot of the...

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Chris Baynes

17 Mar 2025

Retirement and Community Living

Community Living

SATURDAY means business: Largest retirement village operators’ pay revealed

The Workplace Gender Equality Agency (WGEA) has published its latest set of Australian private sector employer gender gaps – releasing for the first time each employers’ average remuneration by pay quartile. So, how do Australia’s biggest...

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Ian Horswill

17 Mar 2025

Retirement and Community Living

Community Living

Residents want costs of retirement village operator’s Asset Management Plan being passed on to them stopped

Craig Bennett, President of the Retirement Village Residents Association, wants residents to have a greater say in the Asset Management Plan, disliked by both residents and village managers. In a submission to NSW Fair Trading on the proposed...

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Ian Horswill

17 Mar 2025