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If your experience of air-conditioned workplaces and meeting rooms is of constantly feeling cold, you’re probably a woman.
It’s official – a recent study has found people who are lonely and socially isolated will literally die sooner than those who are living in communities. With an increasing number of Australian seniors living alone, this is an issue which needs to be addressed.
The Knowles family, who made their first fortune when they sold their village portfolio to Stockland in 2007, have now built Australia’s largest private residential care group, Arcare. They have 27 facilities with 2,600 beds.
The Federal Government has cut what amounts to $300M a year in existing funding to residential aged care operators for the next four years.
Australia’s largest rental village operator, the Gold Coast based Eureka Group, has paid out $4.5M for Amber Lodge, a 54 room village in Morphettville, Adelaide. It has 90% occupancy plus land to develop another 36 units.
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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.