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)

Mon, 17 Jun 2024

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...

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