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The emphasis on directing future funding progressively to home care is well demonstrated by test programs of palliative care in Tasmania. They indicate that retirement village residents will in time be able to arguably stay in their own retirement village home up to death.
New residents of retirement villages are discovering an expanding range of 'purchasing' options. This Sydney retirement village is offing a cash capital return over 10 years to provide money to live on.
Moving towards the end of the largest retirement village scandal coming out of the GFC, four of the five directors of Prime Trust were fined $20,000 each while the fifth, Bill Lewski, was fined $230,000 by Justice Bernard Murphy in Melbourne.
SCC (TAS) has completed the construction and sale of all 84 homes in its Fairway Rise Lifestyle Retirement Village, located in the centre Hobart on the 9ha old Rosny Park golf course.
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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.