Summerset warns proposed reforms could chill sector growth

Summerset says the reforms will stifle supply further when demand is increasing significantly. (Image: Supplied)

Thu, 04 Dec 2025

Retirement village operator Summerset warns the Government’s proposed reforms will have “chilling consequences” for future growth in the aged care sector.Following a review that attracted more than 11,000 submissions, the Government is proposing changes to the Retirement Villages Act designed to speed up repayments from operators to former residents or their estates when units are vacated.Key changes include operators paying interest if a vacated unit remains unlicensed for six months before repayment to the former resident or...

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