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Oceania Healthcare prepares for more discerning baby boomers
By Jenny Ruth July 25 (BusinessDesk) - With the first of the baby-boomer generation approaching the age where retirement villages become an option there’s an open question of whether they’ll be as amenable to retirement village living as their elders have been. “Baby boomer...
Ryman won't rush into strong opportunity on Australia's eastern seaboard - CEO
By Paul McBeth July 25 (BusinessDesk) - Ryman Healthcare chief executive Gordon MacLeod sees very strong aged-care opportunities on Australia's eastern seaboard, but won't be rushed into expanding beyond Victoria. The company's board and management received largely positiv...
Oceania Healthcare's annual net profit slides amid development work
By Jenny Ruth July 25 (BusinessDesk) - Oceania Healthcare’s annual net profit fell 41 percent as the value of its properties held steady while better development margins were offset by increased costs. The retirement village operator’s net profit for the year ended May fell...
Gentrack trims annual earnings guidance on project delays, bad UK debt
By Paul McBeth July 25 (BusinessDesk) - Gentrack expects annual earnings will fall by as much as 13 percent due to delays in customer projects and bad debt risks in the UK. The utilities software developer said annual earnings before interest, tax, depreciation and amortis...
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