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ARTICLE · 26 MAY 2009

Aged Care & Retirement Villages Update

Gadens Lawyers
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With the continued growth and consolidation of the retirement village industry, it is inevitable that more and more operators will operate across state boundaries and multiple facilities.

AustraliaReal Estate and Construction

Contents

  • NSW Tribunal Decides On Allocation Of Costs Between Villages
  • Guide to legislative framework for villages and nursing homes

NSW Tribunal Decides On Allocation Of Costs Between Villages
by Arthur Koumoukelis

With the continued growth and consolidation of the retirement village industry, it is inevitable that more and more operators will operate across state boundaries and multiple facilities. They will as a result, continue to incur costs that relate to the establishment of the portfolio but at the same time generate benefits for residents through economies of scale, branding, security and choice.

At the same time, residents have been concerned to ensure that only costs relating to their village may be passed on to them.

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