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The financial future of private operators in the retirement village sector is in doubt due to weaknesses discovered in current finance models.
While most operators are preparing for the consumer led revolution in home care Daniel Robertson’s Dial-An-Angel is well ahead of the curve building her business for the next phase.
The 63 village/8,416 unit Stockland retirement portfolio delivered a $16 million operating profit over the six months July to December 2014.
The Monash School of Biomedical Sciences completed a study of 115 residents across four high care facilities in Melbourne, testing infection with antibiotic resistant superbugs.
Construction of the 35 floor Victoria Towers next to the Southport RSL on the Gold Coast was completed in March 2011, just when the Gold Coast housing market had stalled.
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.
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