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The Australian newspaper is reporting the company, chaired by Kerry Stokes (pictured), is the sub-underwriter for the retail share of Estia’s current capital raising.
The NSW-based Not for Profit secured the villages – Allambie Court at New Lambton, Kiah Court at Jesmond and Carinya Court at New Lambton – following an earlier expression of interest process by the Newcastle City Council last year.
The Not for Profit has commenced distribution of hundreds of new personalised tablets to NSW and QLD home care clients. Called Breezie, the software and tablet is designed to make it easier for older Australians to navigate the web.
Village residents are claiming they should no longer be considered as “homeowners” by Centrelink because it now drastically reduces their pensions, according to The Australian.
Durack Gardens Retirement Living will feature 60 two- and three-bedroom units at Durack, 22km southeast of the Darwin CBD.
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