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RSL Lifecare has won the tender to acquire the Narrandera Shire Council’s Teloca House aged care facility with 46 low care beds.
The respected head of Aveo’s Retirement Division, Alison Quinn, is to join RetireAustralia as CEO in January.
Adj Prof John G Kelly (pictured) , CEO Aged & Community Services Australia, says ageing and aged care encompasses 14.7% of Australians - and increasing – but is represented in Cabinet by the Minister for Social Services, with an Assistant Minister (currently Mitch Fifield) responsible for day-to-day ageing policy.
Eureka Communities, the remnants of the old SunnyCove and Village Life rental retirement villages portfolios, has well and truly turned the ship around from its accumulated losses that exceeded $40 million.
Chris Hall, CEO of MercyCare in WA predicts in AAA Magazine that the Not For Profit residential aged care market share will drop from 60% to 30% over the next 10 years and private operators will fill the gap up to 60%. (Government operators will claim the remaining 10%).
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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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