User Profile

25 Mar 2020

Ageing

Federal Budget: no more aged care funding cuts - $99.3B over 5 years

The sector has been assured of stable funding for the near future at least, after the Government elected to maintain its funding at $99.3B over the next five years. The peak bodies had been pushing hard in recent weeks for the levels to stay the...

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Funding

Seasons says fixed dollar DMF is more ethical than a percentage DMF

Following our articles on negotiable entry fees to protect pension benefits, retirement village operator Seasons Private Aged Care’s CEO, Nick Loudon, contacted us with an outline of their philosophy on negotiated contracts. They believe the...

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Buying

Global real estate services group CBRE further invests in Australian health care with Aurora purchase

Los Angeles-based CBRE Inc has purchased Perth/Sydney based Aurora project management, led by Malcolm Naylor and Jo Thorley. Aurora specialises in planning and development of health care infrastructure, plus facility and services project management...

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Topic - Housing News

Retirement village takes centre stage in $70M coastal precinct in Perth

The Beaumaris Beach Village Precinct in Iluka, 30km north of the CBD, is being put for approval by specialist Perth-based developer OP Properties in partnership with Brightwater Care Group. The three to four storey precinct would include independent...

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Topic - Developments

Aura on track to hit 2,000 village homes in five years with latest QLD development

The operator is on target to reach the goal, with its new 117-unit apartment four-storey The Avenue Maroochydore expected to be approved this month. The first stage will include 49 apartments priced from $405,000 to $850,000, while a second stage...

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Japara plans five storey aged care facility – on a four bedroom home site in Sydney

The private operator has lodged an application to build the $26.5M facility in a quiet suburban Belrose street, 19km northeast of the CBD, its first on Sydney’s northern beaches. But the development has already attracted complaints from neighbours...

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China looks to SA’s aged care experts for training program

12 aged care managers from SA’s sister-state Shandong spent two weeks in Adelaide as part of the China (Qingdao) Aged Care Leadership Study Tour. The training included both classroom lectures and tours of local aged care facilities, delivered in...

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Topic - Developments

Ryman nabs site for sixth Australian retirement village in Geelong

The NZ listed operator plans to build the $100M village at Highton, 6km from the Geelong CBD. It will include independent living apartments and townhouses, assisted living apartments and an aged care centre. The price paid for the 3.2ha site on...

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Regional NSW aged care facility to be converted into private retirement village

The former Southern Cross Care aged care facility in central Albury, 550km from Sydney, will be converted from 16 existing one-bedroom units into eight two-bedroom apartments. Niccolo Polo Pty Ltd has lodged the $520,000 development application to...

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Oakden update: SA state-run facilities face review but staff stay on the job

The operator of the now infamous Oakden Older Persons Mental Health facility is the SA Government. It has now announced its 46 aged care facilities and 19 mental health inpatient services will undergo an independent audit following the recent...

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The way of the future? Australia’s first “multi-family” apartments going up in Melbourne

European style ‘multi family’ apartments targeting individuals and families who may never wish to own a home, but would like to have an extra long term lease, are here. Family-owned property developer Salta Properties will start work early next...

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Topic - Housing News

Retirement village to be part of huge 108-storey Gold Coast tower

The ‘supertower’ proposed for Southport by Gold Coast developer Azzura would be the tallest building in the Southern Hemisphere if approved. The village would be included in its 50,000sqm Imperial Square, which will sit on a six-storey podium...

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