Goodwin Village Monash has recently hosted the 2023 ACT Retirement Living Outlook, welcoming many industry leaders into the village to share ideas on how to better serve residents and be updated on government changes.
Those in attendance heard from Attorney General Shane Rattenbury on the latest government budget, impacts to retirement living and expected trends in the industry. In addition to serving as Attorney General, Mr Rattenbury also holds the Consumer Affairs portfolio, which is responsible for the regulation of retirement villages in Canberra.
Mr Rattenbury explained the importance of retirement living opportunities for Canberra’s ageing population, and the benefits of these units in tackling the housing crisis. He discussed the recently announced budget and impacts it may have on aged care and retirement living services. The floor was then opened for questions, which allowed key stakeholders in the retirement living industry to engage in discussion with Mr Rattenbury.
The event went on to see the Recruitment and Retention Panel answer questions from moderator Dylan Glover, Property Lawyer at Mills Oakley, and from the audience. The panel included:
The panel shared knowledge with each other, and the audience, on recruitment strategies for staff in retirement living and systems they had in place that were benefitting residents. They also discussed the recently announced 15% wage increase for aged care workers and how/if that might apply to retirement living staff. Leida Pirts informed the panel of the Property Council of Australia’s partnership with two insurance companies in efforts to reduce soaring insurance costs on the back of the COVID-19 pandemic.
Overall, the event was a great opportunity for all participants to learn, share and inspire one another. We thank all the speakers and members of the panel for attending, and the Property Council of Australia for organising the event and fostering positive relationships among those in the industry so we can continue to provide the best possible services to our residents.