Aged Care

Only in SATURDAY: Andrew Thorburn’s mission for HammondCare

Feb 27 2025 Updated 7 hours ago

Caroline Egan

1 min read

Few operators want to tackle the complex end of aged care - but the HammondCare CEO has a plan to meet the growing demand for dementia and palliative care services.

How does he plan to get there? To find out, read Issue 93 of SATURDAY magazine, available tomorrow. Subscribe here.

The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

The Federal Government is seeking to set minimum liquidity requirements for residential aged care providers for the first time – dangerous territory for a sector that has finally reached a level of financial and regulatory certainty. Previously...

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Lauren Broomham

20 Feb 2025

Government Policy

New minimum liquidity ratios for aged care revealed

The new Aged Care Quality and Safety Commissioner, Liz Hefren-Webb, hosted a webinar on Tuesday outlining the New Financial and Prudential Standards, which remain open for consultation but due to take effect from 1 July 2025.

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Caroline Egan

20 Feb 2025

Mergers & Acquisitions

Oxford Properties Group tipped to vie for $3B+ retirement village operator Aveo

Oxford is part of the Canadian global pension investor OMERs, and has reportedly made an offer for the Brookfield-owned retirement village operator. Oxford is also behind the Indi Build to Rent brand in Melbourne and Sydney and has a 50% stake in...

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Ian Horswill

17 Feb 2025

Mergers & Acquisitions

Lendlease hands over $44M to ATO over sale of retirement village business but still disputes wrongdoing and $112M claim

The former No. 1 village operator, which has steadfastly stated it has acted within the law, disclosed in its HY25 financial report a payment to the Australian Tax Office (ATO) over the sale of 25% of its retirement living business to Dutch pension...

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Ian Horswill

24 Feb 2025

Mable seeks to expand its B2B footprint with new Business Solutions platform

Mable has unveiled a new free end-to-end solution for aged care and disability coordinators and providers seeking qualified, reliable workers.

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Shalain Singh launches specialist advisory firm Aged Care and Retirement Living Analytics (ACARLA)

The senior adviser is seeking to leverage data-driven insights for aged care and retirement living operators at a more affordable price with the launch of a new analytics advisory and consulting firm for the sector.

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Lauren Broomham

6 hours ago

Topic - Developments

Sector Moves & People

Another winner? Anglicare Sydney to open Mediterranean-style restaurant in a retirement village

Heirloom restaurant, which will look out to Woolooware Bay, will be built within the Not For Profit’s luxury Woolooware Shores seniors’ living village in Taren Point, 18km south of Sydney’s CBD. With Growthbuilt having almost completed the...

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Ian Horswill

24 Feb 2025