Aged Care
Australian Unity FY25 results: acquisitions drive profits higher
The ASX-listed mutual company Australian Unity reported EBITDA of $136.2 million for the year to 30 June 2025, nearly double the previous year's $65.8 million. Revenue was up 24% to $2.6 billion.
Government Policy
100,000 still waiting: Rae accuses Pocock of weaponising home care delays
With almost 100,000 older Australians waiting up to 15 months to receive their correct level of Home Care Package, Aged Care Minister Sam Rae has accused Independent Senator David Pocock of using cases of hardship for political currency.
Development
Only in SATURDAY: Regis’ $339M Rockpool deal shows acquisitions are outpacing builds
Just when the aged care sector needs them most, Rockpool is building "stunning, state-of-the-art" aged care homes. The sale of four homes to Regis allows them to accelerate growth. To find out more, read SATURDAY.
Opinion
Aged care isn’t “investable” until the numbers stack up
Federal Health Minister Mark Butler has been talking up aged care. In back-to-back ABC interviews last week, he dropped the word “investable” more times than a real estate agent at a Saturday auction. According to Butler, the Government has done...