Reform s to New South Wales Retirement Village Laws
The NSW State Parliament has recently passed the Retirement
Villages Amendment Act 2009 (NSW), which is due to commence in
The reforms affect capital works; annual management meetings;
recurrent charges; introduces a settling-period of 90 days; budget
matters; accounts; the protection of residents' financial
entitlements; village safety; residents' committees; removal or
alteration of fixtures and fittings; information for potential new
residents and the role of the Consumer, Trader and Tenancy
It will not be possible to increase recurrent changes more than
once in any 12 month period.
All NSW Retirement Village Operators will need to be aware of
the new laws and review their Residents Agreements/ Village
Contracts for consistency.
Residential and Community Aged Care Reform
The Senate Standing Committee on Finance and Public
Administration published their Report into Residential and
Community Aged Care in Australia on 29 April 2009 which made a
number of recommendations, including the establishment of a
National Aged Care Forum to consider, on an on-going basis, current
and future challenges to the aged care sector. All Residential and
Community Aged Care providers should keep abreast of these reviews
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The Council announced planning policies to encourage more inner suburban retirement village and aged care development.
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