Retirement sector stands to gain from aged care reform, analysts say

Retirement sector stands to gain from aged care reform, analysts say
Dean Hamilton, chairman of Ryman Healthcare, which has the largest stock of traditional aged care beds. (Image: NZME)
Gregor Thompson
The retirement village sector stands to gain from renewed government focus on the aged residential care model, according to a new report from Jarden.“It is positive for the sector to see a new government looking at aged care funding,” said Jarden analysts Arie Dekker and Vishal Bhula.Calls from small and large care providers to resolve issues with the current model, by increasing funding or reshaping how New Zealand looks after its elderly, have got louder over the past few years.Government initiatives to resolve the issues outlined...

More Markets

NZ sharemarket reaches 29-month high
Markets Market close

NZ sharemarket reaches 29-month high

The S&P/NZX 50 Index closed at 12,292.03, up 107.54 points or 0.88%.

Price changes possible for Auckland Airport following ComCom review
Markets

Price changes possible for Auckland Airport following ComCom review

Auckland International Airport is set to consider price changes following ComCom findings.

Synlait Milk withdraws guidance after ‘unforeseen’ year-end timing
Primary Sector

Synlait Milk withdraws guidance after ‘unforeseen’ year-end timing

Continuing uncertainty means it can’t provide an updated outlook.

Whole milk powder prices take another hit
Primary Sector

Whole milk powder prices take another hit

The GDT price index increased, despite fall.