Sector Moves/People

One of the drivers of the establishment of the Retirement Living Council, Ken Morrison, returns to the Property Council as CEO

Apr 28 2014 Updated May 3, 2023

The Weekly Source

1 min read

Ken Morrison is to return to the Property Council as CEO. He was executive director of the Property Councils NSW Division between 2002 and 2010and then headed up the Property Councils national advocacy and spearheaded the merging of the Retirement Village Association into the Retirement Living Council.
Ken resigned from the Property Council in May last year to become CEO of the Tourism and Transport Forum. He has been recruited to replace Peter Verwer, who is moving to Singapore to head up the Asia Pacific Real Estate Association.

Scape moving to acquire Aveo is good news – here is why

It was revealed in the Financial Review this week that Australian student accommodation giant Scape is now the exclusive bidder to buy Aveo, for an indicated $3.5B. They will bring fresh thinking to the retirement village sector. Take a step back...

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Chris Baynes

15 Apr 2025

Mergers & Acquisitions

Scape reportedly in exclusive talks to buy retirement village operator Aveo

The student accommodation provider, working with Macquarie Capital and Deutsche Bank on due diligence, is likely to call on the two banks and Scape’s capital partners to buy the $3 billion plus business owned by Brookfield. Brookfield put Aveo up...

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Ian Horswill

15 Apr 2025

Opinion

Damned if you do, damned if you don’t: aged care on a collision course with care minutes

With just 12 months until care minutes are linked with funding, residential aged care providers are facing a lose-lose scenario: lose funding if they understaff but fail to be compensated if they exceed targets, says Shalain Singh, Managing Director and CEO of Arrow Advisory Group.

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Lauren Broomham

17 Apr 2025

Mergers & Acquisitions

Exclusive: Levande buys four new sites for retirement villages

Levande adds four new sites to its $2B growth plan, including major developments in Sydney, Melbourne, and Geelong.

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Ian Horswill

22 Apr 2025

Is Trump the golden ticket for aged care?

Hear me out – here’s the thinking. Unless you’ve been living under a rock, you’ve probably seen the headlines: US President Donald Trump’s sweeping new tariffs on imports have rattled global financial markets – Australia included.

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Lauren Broomham

10 Apr 2025

News & Issues

In SATURDAY: what do retirement village residents want from the next Federal Government?

With less than four weeks until the election on 3 May, retirement village residents’ associations are raising concerns over the growing complexity retirees face in navigating the aged care and housing systems. The NSW Retirement Village Residents’...

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Former police officer avoids jail for Taser death of 95-year-old Clare Nowland

Four months after being found guilty of the manslaughter of Clare Nowland, Yallambee Lodge aged care resident in Cooma, former NSW Senior Constable Kristian White has walked free from court following his sentencing hearing.

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Five years on, the COVID-19 virus is still in 104 aged care homes

Five years after the World Health Organisation declared COVID-19 a pandemic in 2020, its impact is still being felt in residential aged care.

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Caroline Egan

13 Mar 2025