Government reforming retirement village sector after 11,000 submissions
Nigel Matthews of the Retirement Villages Residents Association. (Image: NZME)
The Government is finally reforming the multibillion-dollar retirement village sector after years of calls from Consumer NZ, the Retirement Commissioner, residents and their lobby group.Associate Housing Minister Tama Potaka and Seniors Minister Casey Costello announced on Thursday reforms to the Retirement Villages Act.More than 11,000 submissions were received when the review was announced, with the reforms strongly sought by the Retirement Villages Residents Association.The bill is expected to be introduced to Parliament mid-next year, with...
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