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Retirement & Aged Care

NEW RETIREMENT VILLAGE LEGISLATIVE CHANGES

NEW RETIREMENT VILLAGE LEGISLATIVE CHANGES

There have been some recent legislative changes governing the operation of retirement villages.

The Retirement Villages (Records and Notices) Regulations 2015 take effect from 12 December 2015 and revoke the previous sets of regulations.

Aged Care Reforms

Aged Care Reforms

The second round of changes set out in the federal government’s Living Longer Living Better aged care reform package will commence on 1 July 2014.

The reforms aim to provide more choice, easier access and better care. However, there are concerns that many retirees will end up paying more for their admission to and ongoing care in aged care facilities, due to the changes in the way daily care fees will be means tested.