This week the WA Legislative Council approved the introduction of three month limits to recurrent charges (weekly fees) for retirement villages after a resident leaves a village for all new contracts and six months for existing contracts. This is the most generous allowance of all states; in NSW its nine months for instance. Historically other states follow new consumer affairs initiatives such as this. The legislation still has to pass the WA Lower House, expected by Christmas.

Subscribe to our fortnightly newsletter

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.