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The real heat being placed on the Government is to at least release the modelling of the Aged Care Funding Instrument (ACFI) that was used to cut the $1.2B from the next four years funding of residential aged care.
ACSA national CEO, John Kelly, departs the association on Thursday after leading it for nearly four years of significant change.
In the final days of her leadership of QLD’s largest Not For Profit care operator, Robyn Batten has sold three small villages to ASX listed Eureka for $6M. They are in Townsville (20 units), Southport (35 units) and Brisbane (44 units). That gives an average price per unit of $60,600.
Churches of Christ Care has confirmed it is currently negotiating with Southern Cross Care to purchase two of their villages in Toowoomba. The not-for-profit provider already owns 20 retirement villages and 28 residential aged care services in Queensland and Victoria.
A 30-year-old murder case appears to have finally been solved with the arrest of a resident at the Waterford Park retirement village at Knoxfield in Melbourne’s east.
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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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