| Developer entitled to evict village manager Melbourne: The Victorian Supreme Court has tossed Retirement Services Australia (RSA) Pty Ltd out of its management contract at a Doncaster retirement village. The 'Domaine' was a joint venture between the owner of the land at 31-43 Victoria St Doncaster, Melbourne (Darnley) and Clinton and Mark Casey's Retirement Services Australia (RSA). RSA was appointed to manage... Full story in Aged Care Housing Weekly / Subscribe #374 / 30-07-10 |
| Nursing Home owner hires private investigator Christchurch: Villa Gardens nursing staff believe management has hired private investigators to find out who has passed information about the rest home to the media, unions say. The New Zealand Nurses Organisation (NZNO) and the Service & Food Workers Union (SFWU) have advised staff not to take part in any interviews. Rest home owner Oceania is not denying... Full story in Aged Care Housing Weekly / Subscribe #373 / 29-07-10 |
| Ryman Group reputation shredded in misstep Christchurch: A managerial misstep has cast a pall over the finest reputation in the Australasian Retirement Village/Aged Care sector. Senior Ryman Healthcare management allegedly fought to keep an official Health and Disability Commission report from naming a Ryman village, despite ruling it in the public interest. The report refers to the circumstances of a death at... Full story in Aged Care Housing Weekly / Subscribe #372 / 29-07-10 |
| Retirement Villages 'Sanctuary Status' eroding Geelong: The rationale that retirement villages provide a sanctuary against the vicissitudes of the 'real' and 'commercial' worlds, continues to be eroded as rapacious revenue raisers target villagers to satisfy their own ballooning cash flow needs. The latest infidel to ram-raid retirees' cash holdings is Geelong Council, which has imposed an 80 per cent rates price hike... Full story in Aged Care Housing Weekly / Subscribe #371 / 29-07-10 |
| Retirement Village investor to raise $NZ 25m Auckland: Kingfish, Fisher Funds' investment vehicle for NZX companies, hopes to raise $25 million in the next two years through a warrant issue to investors. The announcement comes after Carmel Fisher, the vehicle's manager, told shareholders Kingfish will be keeping over half of its portfolio in listed companies with a market capitalisation of more than $500 million... Full story in Aged Care Housing Weekly / Subscribe #370 / 29-07-10 |
| Tribunal criticises Dept. of Health and Ageing Brisbane: The Administrative Appeals Tribunal has lambasted the Aged Care Standards and Accreditation Agency Ltd / Department of Health and Ageing over the high costs of elongated hearings, the failure to consult and the editing of documents prior to submission on a court summons. The behaviourial patterns were subject to censure in a written ruling handed down by... Full story in Aged Care Housing Weekly / Subscribe #369 / 23-07-10 |
| Becton Retirement Living resales level static Melbourne: The Becton Living Retirement Village Unit resales levels are not showing the promised 20 per cent annual growth owed its Middle Eastern Investment Partner. The 2010 financial year results show $54.17 million in resales versus "resales totalling $57.6million" in 2009. The figures were contained in Becton's June Quarter Business Update released to the ASX... Full story in Aged Care Housing Weekly / Subscribe #368 / 20-07-10 |
| Japara ex-executive launches legal action Melbourne: Nursing home leader Japara Holdings is being ''closely monitored'' by the Department of Health and Ageing after serious allegations of mismanagement were raised during a bitter legal stoush over control of the company. In an affidavit filed with the Supreme Court, former chief executive Arnan Rouse alleges Japara, has ''on more than one occasion'' broken aged-care... Full story in Aged Care Housing Weekly / Subscribe #367 / 19-07-10 |
| Court orders end of Village Life liquidation Brisbane: The Queensland Supreme Court has ordered the end of the liquidation of the seniors rental housing manager and developer Fig Tree Developments (A.K.A. Village Life). The ex Tony Roberts / John Krimmer entity will now trade as FTD Corporation Ltd with a new set of directors, including Greg Cornelsen, Anthony Crimmins and Steven Nicols. The court order was handed down on June 28... Full story in Aged Care Housing Weekly / Subscribe #366 / 16-07-10 |
| Queensland nurses act on pay contretemps Brisbane: Fallout from Queensland Health's botched $100 million payroll system upgrade continued as the Queensland Nurses Union annual conference ruled to postpone non-essential tasks until pay problems were rectified. Health Minister Paul Lucas sought to defuse anger, saying that 11,500 staff who had been overpaid less than $200 do not have to repay the money... Full story in Aged Care Housing Weekly / Subscribe #365 / 15-07-10 |
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