Topic - Editorial

The Weekly Source | Tony Randello

May 10 2022 Updated May 3, 2023

Section Editor

1 min read

Aveo CEO Tony Randello talks to DCM Group Editor Lauren Broomham about their CAPEX program and how the retirement village operator is upgrading and refurbishing its portfolio for the future.

Breaking news: RLC not happy – and secures emergency meeting with federal aged care regulator tomorrow to discuss proposed retirement village liquidity requirements

In a first for the retirement village sector, Retirement Living Council (RLC) representatives will meet with the Federal Aged Care Quality and Safety Commission (ACQSC) tomorrow (Thursday 6 March) to urgently counsel them on the impact of proposed federal liquidity requirements on village operators that will potentially stunt the village business model.

Click here

Lauren Broomham

05 Mar 2025

Opinion

Is this the canary in the coal mine for retirement village operators? The future when care crosses independent living

On 18 February, the Aged Care Quality and Safety Commission quietly released an ‘Exposure Draft’ for the Aged Care Financial and Prudential Standards 2025. In it the Federal Government crossed the line into retirement villages. See the wording...

Click here

Chris Baynes

04 Mar 2025

Government Policy

Always read the fine print: retirement village payments captured under new aged care liquidity ratios

A closer look at the legislation underpinning the Federal Government’s proposed minimum liquidity standards has revealed that aged care providers who also operate independent living units (ILUs) and retirement villages will have to retain 10% of ILU and retirement village refundable amounts under the changes.

Click here

Caroline Egan

27 Feb 2025

Government Policy

Home care wait list climbs to over 81,000 with six month delays at all levels

Over a five-month period, the number of older Australians waiting to receive their correct level of Home Care Package has increased by 5,000 according to data released in Senate Estimates on Wednesday.

Click here

Caroline Egan

27 Feb 2025

Support at Home timeline “borders on impossible”: Ageing Australia CEO Tom Symondson

The head of Australia’s peak body for aged care providers has told The SOURCE the challenge ahead for providers implementing Support at Home reforms is “immense” and more time is needed to roll out the changes.

Click here

Caroline Egan

21 hours ago

The Weekly SOURCE

Community Living MULTI

Retirement Living Council convinces ACQSC to review proposed retirement village liquidity requirements and extend deadline

Retirement Living Council (RLC) Executive Director Daniel Gannon and his operator members have successfully convinced in a meeting today with representatives of the Aged Care Quality and Safety Commission (ACQSC) that it should rework its Financial...

Click here

Ian Horswill

23 hours ago

Government Policy

Funding cuts for metro providers not meeting care minute targets to be based on December quarter data

A Department of Health and Aged Care Fact Sheet provides an update on the Government’s plan to reduce care funding for non-specialist aged care providers in metropolitan areas that are not meeting their care minute targets.

Click here

“Whining for more money won’t cut it”: IRT CEO Patrick Reid’s political wishlist

Patrick Reid, the CEO of Illawarra-based aged care provider IRT, has told The SOURCE, “The clear message is that the Government’s cupboard is bare” as part of our latest political wishlist ahead of the yet-to-be-announced 2025 Federal Election...

Click here

Caroline Egan

06 Mar 2025