Alan Kohler, the highly respected finance journalist and Editor in Chief of Business Spectator and Eureka Report, must have been having a bad day yesterday when he unleashed a 960 word scathing criticism of the retirement village sector in his Business Spectator column. The surprise was the extent of the incorrect facts and the emotion he built into the peace.

Mary Wood, Executive Director of the retirement village council, was quick to respond to Kohler and Business Spectator, stating: 
“We know that 98 per cent of the residents who live in retirement villages in Australia would strongly disagree with Alan Kohler's views on the retirement village industry, expressed in his Business Spectator column on Wednesday”.