Intergenerational Report: Retirement Living Council advocates retirement villages to the federal Minister for Health

Retirement Living Council Executive Director Daniel Gannon has been lobbying politicians intensely and hopes the 2023 Intergenerational Report will be the catalyst to help the sector grow. 

The chart below shows the projections in each of the six reports for the proportion of the population aged sixty-five and over, and while the population will age rapidly, it is expected to age more slowly than previously thought.

The RLC wants governments to help make more land available for the sector to grow as its villages are currently full. A landowner would get more money for a residential development than a retirement village, so laws need to help provide age-friendly facilities. 

“It’s been no secret that Australia’s population is ageing, but what is being done at local, state and federal levels to prepare for this transition?” Daniel asked. 

“We have a market which actually provides an affordable housing option when few other affordable options remain, it’s effectively at full capacity, and yet barriers to building more are emerging.”

The SOURCE: The Aged Care Task Force Interim Report is due to be released in about six weeks. A move to greater co-contribution for aged care will push customers to retirement villages that offer care support