Scope of the Review from MHUD

You can view the actual PDF here, or read the contents below. [UNCLASSIFIED]Scope of Review of the Retirement Villages Act 2003At a broad level, the review will consider whether the Retirement Villages Act 2003 (the Act),associated Codes, and Regulations remain fit...

‘We’re not scared of a review’…

Stuff article 21 August 2022: “We’re not scared of a review”, says retirement village owner Graham Wilkinson, as the sector faces a Government probe into whether two-decade-old consumer protections for village residents need beefing up. They may not be scared,...

Retirement village owners fight back

Stuff Article 3 Sept 2022: Retirement village owners have come up with a package of “voluntary reforms” they hope will stave off the threat of government regulation. It includes a crack-down on unfair terms in retirement village contracts, and on village operators who...

Residential Care Subsidy Changes

On 1 July 2020, some key annual changes to the Residential Care Subsidy came into effect. If you need long-term residential care in a rest home, you may now qualify for the Residential Care Subsidy. The asset thresholds have increased to: $236,336 for a single person...