Sector Moves/People

Penny Flett and Klaus Zimmerman receive Australia Day honours

Feb 04 2014 Updated May 3, 2023

The Weekly Source

1 min read

Klaus Zimmerman was appointed Member of the Order of Australia (AM). He served as President of ACSA from 2007 to 2011, was CEO of Eldercare for 12 years and sits on the Board of HESTA Superannuation.

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.

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Lauren Broomham

05 Mar 2025

Sector Moves & People

BaptistCare announce leadership team for new entity after merger finalised

The successful completion of the merger between Baptcare(VIC, TAS, SA), Baptist Care SA and BaptistCare (NSW, ACT, WA) has been announced with the new entity to be known as BaptistCare. “This merger is about much more than pooling resources; it’s...

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Ian Horswill

07 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...

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Chris Baynes

04 Mar 2025

Opinion

Australian Unity Group CEO Rohan Mead calls out why all village operators need to focus on a new revenue business model

The Financial Review last Wednesday published an exclusive article based on Rohan Mead’s assertion that the Australian health system is about to be swamped. In simple language, currently we average 20,000 ageing Australians turning 80 each year...

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Chris Baynes

10 Mar 2025

SATURDAY means business: What’s the relationship between the size of your aged care organisation and wages?

The 2023-24 data just released by the Workplace Gender Equality Agency reveals the average wages paid by larger organisations compared with their smaller counterparts. What does this tell us about scale in aged care? To find out more, read this...

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$93M tied up: proposed liquidity ratios a “handbrake” on aged care and village development

David Moran, CEO Southern Cross Care (SA, NT & Vic), says the proposed standards could add years to new developments.

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Projects on hold as Ageing Australia lobbies in opposition: liquidity ratios for retirement living and ILUs

Ageing Australia, along with several dozen CFOs of member organisations, has met with the Aged Care Quality and Safety Commission (ACQSC) to lobby against the proposed inclusion of independent living and retirement village refundable amounts in proposed aged care liquidity standards.

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Latest Draft Rules outline expansion of banning orders to include registered providers

For Penelope Eden, Partner at law firm MinterEllison, the most notable addition in release 2c of the Draft Aged Care Rules is the expanded authority given to the Aged Care Quality and Safety Commissioner to make banning orders against registered providers.

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Caroline Egan

10 hours ago