Villages Info Centre

Did you hear about the Canberra teenagers, lost in the bush last weekend, who were able to be rescued after downloading the Emergency+ smartphone app? You might not realise that the government developed that app, together with emergency services organisations across the country.

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The digital 'disruptor', Uber - the taxi industry's arch enemy - is actively recruiting older drivers in the United States in an effort to tap into the steadily growing 50+ workforce. Meanwhile in Australia, we are still having regular hot-button debates in the media about the number of 'road fatalities' among 49 to 85 year olds and discussing slapping age limits, specialised vehicle monitoring technology and even a new system of 'S' plates onto drivers after they hit 70.

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For the past 12 months I have been privately thinking about a female friend. She is quite remarkable, being into her early 70s and maintaining a hectic business life which includes being the public face of a seriously big corporation.

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Demonstrating the consumer acceptance of vertical retirement villages made up of apartments, not-for-profit operator Goodwin in the ACT has nearly sold out its 70 apartments in Stage One of it’s The Central development in the outer suburb of Crace.

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Aveo has single-handedly dragged the professional investor market back into the Australian retirement village sector where it has been missing since March 2008. Last Wednesday Aveo’s share price hit $3.10 before settling back to $2.94 today – still a long way from $1.00 where it sat 29 months ago when Geoff Grady (pictured) took over as CEO.

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