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.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

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Caroline Egan

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

24 Jun 2025

18,650 social and affordable homes funded as 370 homes set for repurpose

The Australian Government’s flagship Housing Australia Future Fund (HAFF) has agreed to fund 9,284 social and 9,366 affordable homes through 279 successful projects under the first two funding rounds of the HAFF and National Housing Accord Facility...

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Aged care regulator doesn’t understand retirement living: Daniel Gannon

Peak body the Retirement Living Council (RLC) welcomed the decision of the Department of Health, Disability and Ageing agency last Thursday to cut the proposed the minimum liquidity requirement for refundable retirement deposits for aged care...

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Ian Horswill

04 Jul 2025

Government Policy

Scyne Advisory wins $1.6M Support at Home pricing contract

The Independent Health and Aged Care Pricing Authority (IHACPA) has awarded the $1.6 million contract for the 2025 Support at Home Cost Collection to Scyne Advisory – the consultancy firm spun out of PwC in 2023 and now owned by private equity...

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Regulator locks in new liquidity standards for aged care providers

The Aged Care Quality and Safety Commission (ACQSC) has released its consultation report on the draft Financial and Prudential Standards set to come into effect under the new Aged Care Act from 1 November 2025 – and as expected, the core liquidity...

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Lauren Broomham

03 Jul 2025