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.

Estia Health buys seven homes from David Di Pilla’s Aurrum Aged Care

The two businesses have announced Bain Capital-owned Estia Health will buy Aurrum Aged Care’s three homes on the NSW Central Coast in Erina, Norah Head, and Wyoming and the four homes in Melbourne - Brunswick, Healesville, Plenty, and Reservoir -...

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Ian Horswill

10 Jan 2025

Government Policy

Inspector-General restates disappointment in continued rationing of aged care: Ian Yates AM’s parting statement

In signing off on his time as Acting Inspector-General of Aged Care, Ian Yates AM has provided a statement to The Weekly SOURCE drawing attention to the Government’s “severe” under-resourcing of the office.

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11 aged care providers ‘named and shamed’ by the regulator for failing care minute targets

The Aged Care Quality and Safety Commission has named 27 residential aged care homes and eleven providers who have been hit with ‘enforceable undertakings’ for failing to meet their care minute targets. Nine of the 27 homes listed are operated by Tricare.

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Caroline Egan

16 Jan 2025

Mergers & Acquisitions

Why Ingenia Communities is winding up its five managed funds

CEO John Carfi said the decision to wind up its managed funds was consistent with the Ingenia’s intention to refine its portfolio and simplify operations. “The capital released will contribute toward further investment in our development...

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Ian Horswill

09 Jan 2025

11 aged care providers ‘named and shamed’ by the regulator for failing care minute targets

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Aged Care Minister Anika Wells promoted to Cabinet for role in “most significant reforms in aged care this century”

In recognition of her successful role in getting aged care reforms through parliament, Prime Minister Anthony Albanese has promoted the Minister for Aged Care Anika Wells to Cabinet as part of a pre-election reshuffle brought on by the departure of NDIS Minister Bill Shorten.

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Department’s $580,000 aged care Star Ratings evaluation reveals what operators already know

Management consultants Allen + Clarke found Australia’s Star Ratings system has incentivised improvements to the quality of aged care services but “perceived inaccuracies” in the staffing and compliance ratings and ”negative media coverage” had eroded trust in the system.

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Caroline Egan

16 Jan 2025

Aged Care

Southern Cross Care (WA) puts homeless seniors into one of its aged care homes

The Not For Profit has a 97% occupancy rate, well above the Government’s national average of 86.1%, with 476 residents in its eight residential aged care homes in Perth’s Metropolitan area, Kalgoorlie and Broome.

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Ian Horswill

15 Jan 2025