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The Retirement Village Association (RVA) and Property Council of Australia announced their intention to merge and form a new powerful voice for retirement communities in Australia.
Even though the population is ageing and using more aged care services than ever, the federal government has confirmed it will spend $165 million less on health care this financial year.
Obtaining a true indication of what sales and values mean in the retirement village market is not always easy.
Australia's largest community based village and care operator IRT (the rebranded Illawarra Retirement Trust) has expanded in to Queensland with the purchase of three retirement villages located north of Brisbane to the Sunshine Coast, investing $75 million.
The well respected Becton Retirement Village group has received a confidence boost from global investment giant, Goldman Sachs, which has steeped in with $74 million in loan funds and opening discussions on a longer term relationship.
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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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