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Founded in 2008, The Weekly SOURCE is a leading B2B weekly eNewsletter that caters to the retirement living and aged care sectors. It specializes in covering the business issues and people that dominate weekly events. After achieving success as an eNewsletter, The Weekly SOURCE is now available on its dedicated website, which was established to meet the demands of its readers. Source
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| Language | English |
| Country | Australia |
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Recent Articles
Search ArticlesFeitelson brothers double down on vertical retirement living
Artist's impression of Serene Residences which is now under construction. ✓ Key points Sold out: Serene Living’s 86 apartments fully taken 94 more: New vertical village underway in Tweed Heads Premium amenity: Rooftop pools, wellness and social spaces planned Demand proven: Serene doubles down on the Tweed market More retirement living apartments are coming to one of Australia’s most tightly held retirement and downsizer markets.
Sector veteran gets green light for 160-home land lease community
Providence Lifestyle Managing Director John Wood ✓ Key points 190 homes approved: Providence expands its WA pipeline Eight stages: Wattle Grove targets active over-55s Care connection: St Jude’s planning an adjoining aged care home Fast build: Prefabricated homes assembled within seven days The founder of Western Australia’s National Lifestyle Villages, which was sold to GIC and Tasman Capital Partners in 2018, knows the land lease sector inside out.
Major seniors housing redevelopment planned for inner Sydney
An artist’s impression of the Waterloo renewal in Sydney’s inner south ✓ Key points Aboriginal seniors: 49 ILUs planned at Waterloo Social housing: Eight-storey building to deliver 94 apartments Birribee bid: Aboriginal provider seeks to acquire the building Major renewal: Project forms part of 3,300-home Waterloo South The seniors housing development has emerged a part of the $3 billion-plus transformation of Waterloo South, one of Sydney’s largest urban renewal projects.
Ingenia Lifestyle moves from vision to delivery
✓ Key points Major expansion: Millers Glen growing from 113 to 324 homes Construction starts: Next stage now underway Amenity investment: Second major clubhouse still to come Regional demand: Ingenia backs Beaudesert’s over-50s market Ingenia Communities Group, which is seeking to finance an expansion of its land bank, has begun work on an expansion of one of its existing land lease communities.
After four years, stand alone operator gets $75.8M answer
Artist's impression of the proposed four building redevelopment in Chester Hill. ✓ Key points $75.8m approved: Abel Tasman Village set for redevelopment Greater density: Four buildings rising to eight storeys Stage 1: 66 ILUs and 120 aged care beds Transport-led: Major seniors housing expansion 150m from rail Chester Hill, 25km west of the Sydney CBD, is about to see its long-established seniors housing site transformed, bringing considerably more density.
BESTMED rolls out new platform
BESTMED CEO, Phil Offer. ✓ Key points BESTMED IQ: Rolling out to existing customers Medication analytics: Delivers reporting and proactive alerts Resident insights: Enables deeper individual data analysis BESTMED IQ+: Adds machine learning and benchmarking The leading medication management software provider is rolling out its upgraded platform to existing customers this month.
The 17,551 reasons aged care staffing ratios won’t work
The ANMF campaigning for mandated aged care staffing ratios in 2018. Eight years later, ratios are on the nose. ✓ Key points Care minutes questioned: ANMF wants fixed staffing ratios instead. Workforce reality: Aged care faces a 17,551-nurse shortfall by 2035. Wrong measure: Staffing formulas don’t guarantee better care. Focus on outcomes: Measure the care residents actually receive. Good news: the ANMF wants to scrap care minutes. The bad news? It wants to replace them with something even more rigid.
Simon Owen adds capital stream to Eureka growth engine
Eureka Group Holdings Managing Director and CEO Simon Owen. ✓ Key points New capital: Eureka closes first wholesale rental fund. $15m recycled: Capital released for acquisitions and development. Rapid scale: Portfolio up 42% since its 2024 raising. More to come: $120m-plus acquisition pipeline. When Simon Owen arrived at the the ASX-listed operator nearly two years ago, the former Ingenia Communities CEO inherited a seniors rental business with ambitions to grow.
Only in SATURDAY - 103 beds for $1 billion
Locations of projects funded under the Government's ACCAP. In the current issue of SATURDAY, we look at the progress of developments funded through the Government's Aged Care Capital Assistance Program (ACCAP). Under mounting pressure to get new aged care beds out of the ground, the Government has pledged nearly $1 billion under the program, spanning more than 200 projects. How much progress has been made? For the full story, read SATURDAYhere.
Nurses union wants mandatory care minutes axed
Annie Butler ✓ Key points Care minutes: ANMF says mandatory targets aren't working Aged care staffing: 49% report insufficient care time Staffing ratios: ANMF wants mandated ratios introduced Aged care reform: Union proposes staged de-privatisation Three years after mandatory care minutes were introduced in residential aged care, the Australian Nursing and Midwifery Federation (ANMF) has spoken out.