The Aveo Way – What I like most and least about Aveo’s new retirement village contract
July 28th, 2015
In May 2015, Aveo launched a new retirement village contract called ‘The Aveo Way’. You can watch The Aveo Way Intro Video on YouTube here. Here are the major points: Deferred Management Fee Your 35% DMF is incurred over your first 3 years in the village as follows: Year 1: 7% Year 2: 14% Year… 1
Aveo Accused of Pressuring Retirement Village Residents
March 23rd, 2015
Retirement village operator, Aveo, has been accused of pressuring residents over redevelopment plans. The village in question is a 75 villa retirement village in Free Street, Newmarket, Brisbane. Aveo have started discussions with residents about their desire to replace the 75 villa retirement village with a 300 unit multi-storey development. Last week, on Brisbane’s 612… 1
Fourteen Retirement Village Residents Sue Their Village
March 12th, 2015
Willow Lodge Simon Johanson, Property Editor for The Age, recently (3 March 2015) published an article in the Sydney Morning Herald entitled ‘Fee shock pushes pensioners to take on retirement industry’. 14 retirement village residents, aided by the Consumer Action Law Centre, are taking village operator Walter Elliott Holdings to the Victorian Civil and Administrative… 1
Retirement Villages Melbourne
October 6th, 2014
RETIREMENT VILLAGES MELBOURNE How to get the best possible deal on a retirement village home in Melbourne and how to avoid making one common mistake that could cost you thousands! Retirement Villages Melbourne is the most popular search in google when people search for retirement villages in a particular city or state. So, what exactly are… 1
Retirement Village Industry – A rort or the key to happiness?
September 11th, 2014
RETIREMENT VILLAGE INDUSTRY Recently, Alan Kohler, the ABC News Finance presenter, has weighed in on the retirement village industry debate. He says “The Retirement Village industry is a booming national disgrace, with three very juicy rackets: deferred fees, ongoing fees that keep going when you die, etc…”. Mary Wood, the Executive Director of the Retirement… 1
Retirement home resident missing
June 7th, 2013
Retirement home in Bendigo considers changes to the way they assess whether people are able to live independently The Bendigo Advertiser ran a story on Tuesday 4th June 2013 that highlights some issues, both positive and negative, for those living in, or planning to live in a retirement home. An 87 year old man named… 1
Village Retirement Communities in Victoria
May 31st, 2013
Comparing Village Retirement Communities in Victoria is getting easier! Village Retirement Communities in NSW Last week retirementvillageinfo.com.au posted an article outlining some positive legislative changes that were happening in NSW. The article was entitled Retirement Villages Regulation (NSW). The basis of that article was that in October 2013 three new mandatory documents come into effect…. 1
Retirement Villages in Victoria – Peek Inside our Famous Buildings
May 27th, 2013
Retirement Villages in Victoria – Want to take a peek in some of our most famous buildings? A great idea for retirement villages in Victoria organising an outing in their retirement villages bus, is to attend this year’s Open House Melbourne event. This annual event, which was first held in 2008, is organised by a… 1
Retirement Villages Regulation (NSW)
May 24th, 2013Retirement Villages Regulation in New South Wales has undergone some recent changes. The Retirement Villages Regulation 2009 (NSW) has been changed with the aim of making it easier for prospective purchasers of a retirement village home to compare costs and conditions between retirement villages. By making these changes, the NSW government is acknowledging how complex retirement… 1
Retirement village residents warned about scams
May 19th, 2013Retirement village residents warned about scams that target Australia’s retirees by Minister for Fair Trading, Anthony Roberts Last week, retirement villlage residents warned about scams at the Bracken House Retirement Village in Dubbo, New South Wales were treated to a visit from Anthony Roberts, the Minister for Fair Trading (http://www.fairtrading.nsw.gov.au) and Troy Grant, the Member… 1
