This Month
More than 50pc of voters now rely on government for their main income
A “culture of dependency” has lifted spending to its highest level since World War II, and the National Disability Insurance Scheme is the chief culprit.
Fresh woes for Bupa after backlash over aged care changes
The nursing union has lodged a dispute in the Fair Work Commission over Bupa’s decision to change staffing hours in its 57 residential nursing homes.
June
NDIS delays threaten $9b budget blowout
Reining in the NDIS is a major challenge for the government, with its spending set to outstrip defence in 2026-27.
May
Sweet tooth: Healthy snack-maker Fancy Plants buys dessert business
Rebecca Honner founded Rizo Desserts 12 years ago, drawing on her experience of limited food choice for ageing or sick Australians as her mother entered aged care.
The stage of life Australians can’t afford to ignore
Kate Carnell says federal funds for end-of-life planning would reduce costly hospitalisations and prevent unnecessary suffering.
You are (much) wealthier than you know, thanks to an $897,610 perk
The aged pension means every couple in Australia is already a millionaire – they just don’t know it. Here’s how we worked that out and what it means for you.
April
We have a winner: Brookfield grants exclusivity for $3b Aveo
Dutch investor APG, which is the Netherlands largest pension provider, and Bouwinvest, a property fund manager, are among Scape Australia’s backers.
March
GIC global real estate boss touches down as Aveo auction gathers steam
The Singaporean sovereign wealth giant is running hard at the up-for-sale, Brookfield-owned retirement village operator. And its bigwigs are taking an interest.
February
How careers counsellors could help plug the skills gap
Encouraging teenagers to complete high school and giving them access to careers counselling are key to plugging the yawning skills gap.
January
Tanarra Capital readies $400m exit at SaaS business Health Metrics
Sources said as a growing SaaS player, Health Metrics could be valued at between 6-times to 8-times revenue. That’s as much as $400 million.
New sector entrant doubles down on advisors for $3.5b Aveo sale
Then there’s the deep-pocketed capital partners, understood to include AustralianSuper, which will look to team up with the headline suitors later in the auction.
December 2024
Seven ways to future-proof your savings in case of early retirement
The secret ingredients to a good retirement are preparation and control, but life can be unpredictable. Here’s how to build flexibility into your plan.
Bain Capital kicks off dividend recap at aged care biz Estia Health
Sources said the loans are being provided by infrastructure-focused investors including Keppel Infrastructure, Stonepeak and Pacific Equity Partners.
TPG Capital to buy majority stake in founder-owned Five Good Friends
TPG is expected to join Five Good Friends’ register as the controlling owner alongside Nathan Betteridge and Simon Lockyer, who founded the business in 2016
November 2024
Private equity closes in on a 50pc stake in $2b-plus Opal HealthCare
Pacific Equity Partners has gained exclusivity over the holding, which was put up for sale in July by its owners including Singapore’s GK Goh Holdings.
October 2024
Four financial tips and traps for people entering aged care
There is a little-known rule that can work in your favour if you find your means-test assessment is dragging on.
The five numbers that determine whether you’ll pay more for aged care
Well-off families will pay more under new rules for funding residential aged care. Here are five key numbers you need to know to navigate the additional expense.
Thankfully, living at home until the end looks possible for more Australians
Elderly people will get used to paying for the services they need rather than wondering what they are going to leave the next generation.
September 2024
PEP bankers up for aged care giant Opal HealthCare; lobs bid
Pacific Equity Partners’ secure assets team has put in a non-binding indicative offer for the $200 million-a-year business.
Fee increase for retirees to cover extra $3.8b in aged care wages
The government will spend another $3.8 billion on aged care sector wages, taking the total cost of the pay increase to almost $18 billion.