Development

Only in SATURDAY – the real reason aged care beds are hard to find

Oct 26 2023 Updated October 26, 2023

Caroline Egan

1 min read

The Department of Health and Aged Care puts occupancy at 86.2%. Our investigations differ.

To find out why, subscribe to our premium digital magazine SATURDAY HERE.

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

Opinion

2024 aged care report card: pass for residential care, home care a failure

The final report card for the aged care sector looks very different depending on what services you deliver.

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Lauren Broomham

18 Dec 2024

Aveo chosen by NSW Government as partner to turn Manly Hospital site in Sydney into seniors’ housing

First established in 1896, Manly Hospital on Sydney’s Northern Beaches was closed in 2018 following the relocation of services to the 488-bed Northern Beaches Hospital, operated and maintained by Healthscope, at Frenchs Forest, 13km north of...

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Ian Horswill

18 Dec 2024

Developments

Mergers & Acquisitions

Levande secures $1.5B sustainability linked loan for “future developments”

The leading retirement operator, which is owned by EQT Infrastructure, says it has successfully extended and upsized its loan facilities, securing an AUS$1.5 billion Sustainability-Linked Loan (SLL). It states the financing aligns with Levande’s...

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Ian Horswill

17 Dec 2024

Sector Moves & People

The man who stalled Aspen’s takeover of Eureka wants to buy back their shares to emerge as Eureka’s biggest shareholder

A General Meeting is being held on Friday, 20 December, to decide if Ben and Blake Cottle’s investment entity Fileton can buy the shares. It will mean he and his associates have increased their voting power in Eureka from approximately 22.2% to...

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Stockland Halcyon notches up 24 land lease communities, unveils its latest 212-home LLC on the Sunshine Coast

The prolific property developer has launched its newest land lease community, Halcyon Dales, guaranteeing new residents a nine-month build.

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Lauren Broomham

16 Dec 2024