Topic - Aged Care

Narromine (NSW) community to build retirement village for country folk

Oct 31 2017 Updated May 3, 2023

The Weekly Source

1 min read

The local community group operates Timbrebongie House, now a low care and ageing in place facility. They have now announced they will build a retirement village for local country people, commencing with 30 independent living units in Stage One with plans for two further stages.

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

Government Policy

Fed Govt to release 7,615 new Home Care Packages as 76,000 wait for care

The Government will spend just $101.7 million on the new Packages ahead of the transition to the new Support at Home program from 1 July 2025.

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Lauren Broomham

18 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

Legal Issues

Man has charges upgraded to include murder and manslaughter after death of aged care resident

A man, 34, who broke into a residential aged care facility at Bateau Bay on the NSW Central Coast where he allegedly assaulted and sexually assaulted a 90-year-old woman on 15 November 15, 2023, has had his charges upgraded to include murder and...

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Ian Horswill

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

Topic - 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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GemLife launches its second $250M Toowoomba community – complete with $12.5M Country Club and Summer House

After recording more than $172 million in sales for its first land lease community in the southern Queensland city, 90 minutes west of Brisbane, GemLife Director and CEO Adrian Puljich is taking the operator back for a second bite of the cherry.

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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