Productivity commission meeting held on Caring for Older Australians Enquiry

June 24, 2010

RVA CEO Andrew Giles and industry representatives Nieves Murray CEO of IRT and Andrew MacIntosh of Aveo met with the Productivity Commission (PC) regarding the Caring for Older Australians Enquiry.

The PC was represented by the Commissioners and several senior staff providing a great opportunity to build the profile and forward information on the importance of our industry and suggest ways in which incentives can be created to enable more people to move into retirement villages and stimulate investment.

The meeting proved to be a great opportunity to outline the future of the industry and how it is important in the context of housing and aged care.  

The industry could not have been represented any better with the accumulated experience of more than 30 years with Ms Murray and Mr MacIntosh, delivering great insight to the PC and suggesting a range of innovative ideas about how the aged care system and retirement villages could be more efficient.

The PC asked the RVA to stay beyond than the scheduled time of 90 minutes with the meeting spanning over two and a half hours.  Much information was provided and the PC was extremely positive about the future role of retirement village’s in housing and care for older people.

The RVA is required to make a submission by late July however additional information can be submitted to the PC after that.  

The RVA, in partnership with Deloitte, is running an industry ‘think tank’ facilitated by Chief Economist Henry Ergas on 26 July to assist in developing our submission to the PC and generate innovations that can assist the growth of the industry.  We encourage our top industry representatives to attend.  Invites will be sent out next week and PC representatives will be in attendance.

The RVA will continue to monitor developments in the Caring for Older Australians Public Inquiry process.

ENDS

The RVA welcomes your feedback on this story and encourages you to leave a comment. You can submit your comment at the bottom of this post.


Deloitte Australia research partnership with the RVA

June 24, 2010

Deloitte Australia is to lead Australia’s largest collaboration with the Retirement Village Association (RVA) to conduct significant research and analysis into the retirement village industry.

The collaboration will put RVA members at the leading edge of research into the retirement village industry including a range of industry benchmarks including management, DMF structures, service charges, management fees to name a few. 

A Memorandum of Understanding (MOU) between Deloitte Australia and the RVA has been signed, enabling the two organisations to collaborate across research fields which underpin Australia’s capacity to increase the growth of retirement village dwellings and for international engagement in seniors living and accommodation with evidenced based research.

At present, the industry has fragmented and uncoordinated research and with future growth of the industry as large as forecasted, there is going to be more demand for in-depth analysis amongst developers, owners, operators and other stakeholders.

It is predicted that over $40 billion of investment will be required in retirement living dwellings over the next 15 years to meet demand.

“This collaboration will enhance research and innovation within the retirement industry and allow us to explore new areas of interest,” said RVA CEO Andrew Giles.

“Most exciting is the enormous value this data will bring to our membership and how the information can also be used to educate and influence government in key matters for our industry.”

Preliminary research into the industry is anticipated to be available at the Retirement Village Association’s Advantage10 annual conference in October.

ENDS

The RVA welcomes your feedback on this story and encourages you to leave a comment. You can submit your comment at the bottom of this post.


Regional conferences shaping up to be bigger and better than ever

June 24, 2010

The Retirement Village Association (RVA) is looking forward to the upcoming regional conferences to be held in Brisbane, Sydney, Melbourne and Perth in July and August.

Age of Reason is the theme for the Annual Retirement Village Association regional conferences. Delegates will be treated to an array of topics, speakers and industry experts to assist with real solutions, up-to-date advice and help to achieve growth in the industry.  The program will highlight issues that are relevant to today and into the future with topics including financial and banking, legal issues, operational initiatives, innovation, sustainability, sales & marketing and planning & development.

Queensland delegates will have the opportunity to see an interview with RVA CEO Andrew Giles and Mark Wallace from MacroPlan in the session Economic Forecast of the QLD Retirement Market.

Victorian delegates will be invited to participate in The Great Debate – What is a Reasonable RV ACT, Legislation and Regulations, featuring a seven person panel including a resident. The Victorian conference will have break out sessions where delegates will choose sessions they wish to attend.

A village with co-located aged care facilities are an attractive model for residents and prospective residents, or is it? NSW delegates can decide when they listen to The Great Debate: Continuum of Care vs Sole Independent Living.

WA delegates will learn how to diffuse disputes and build relationships, examining some recent examples of litigation arising from common disputes through a morning panel discussion. 

All regional conferences will host a gala dinner where the winner for the Manager of the Year will be announced in each region.

The RVA is still accepting bookings for all conferences however numbers are filling fast and space is strictly limited. For further information and to book please download a conference registration brochure.

ENDS

The RVA welcomes your feedback on this story and encourages you to leave a comment. You can submit your comment at the bottom of this post.


Caring for Older Australians

June 10, 2010

The Treasurer, in consultation with the Minister for Ageing, has asked the Productivity Commission to conduct a Public Inquiry into the aged care system in Australia. In carrying out the Inquiry the Commission will develop options for further structural reform of the aged care system to prepare it to meet the challenges facing it in coming decades.

As part of the Inquiry the Commission will consult widely with older Australians, their carers, aged care providers, government agencies and other stakeholders.

The briefing paper below summarises the Inquiry’s Terms of Reference, the Public Inquiry process and outlines key issues facing the aged care sector and retirement industry.

The RVA will be monitoring developments in the Caring for Older Australians Public Inquiry process and have experts available to meet with interested parties and stakeholders to discuss the implications and possible impacts of the Commission’s findings as they are reported.

An initial meeting has been set up for 18 June between the Productivity Commission, RVA CEO Andrew Giles, RVA President Simon Owen and other industry leaders to discussion the retirement village industry within the context of this review. 

Download the Caring for Older Australians Public Inquiry Report.

ENDS

The RVA welcomes your feedback on this story and encourages you to leave a comment. You can submit your comment at the bottom of this post.


Is Operations the Chicken or the Egg?

June 10, 2010

The  Untapped… the other 95% workshops was a highly successful professional development program recently organised by the RVA and ThomsonAdsett.  The sessions provided some key insights into the industry that many attendees are still talking about and using in their everyday work. 

To ensure the broader membership does not miss out on this information all together, the RVA will be running a number of articles as provided by some of the speakers from the series.  The following article has been provided by Susan Malone from Independent Management Group.

Is Operations the Chicken or the Egg?

In the early stages of developing a Retirement Village it is important to understand the relationship that exists between two important facets of the project. Development and Operations are equally important and to focus on only one area will cause the owner problems at some point. The balance of the Village will be out – you will be weighed down with issues you will have to resolve later and at a cost.

No development is perfect. We all like to believe we have the best one going, but even if we are right, it will not be perfect. There are, however, many things that can be done to minimise errors and maximise product potential by bringing together the two important elements of development and operations and working on both at the same time, in the early stages of the project. 

One important way to manage this process is to ensure that the people who will be vested with the responsibility of operating the Village are involved from day one. If you have the right operator, be that your own in-house operational team or a third party operator, their experience and expectations are invaluable throughout the design and development process.

Decide on the ‘who’ and the ‘how’ of Village operations at a very early stage and put a representative of the operator on the development team. The primary aim of having this person/s involved throughout the project is to ensure their operational experience and knowledge is utilised to produce a Village which is capable of being operated effectively and efficiently. It is too late to start considering this after construction has begun, or worse, after it is completed.

Below are some examples of how experienced operational staff can add value to your project:

During the design development phase there will be a myriad of questions to answer for your architects. Consider who is BEST to answer them. When it comes to designing the Community Centre there will be questions such as:

  • How much storage space will administration require?
  • What volume and combination of fridge/freezer will be needed in the kitchen?
  • Which staff needs access to which equipment?
  • What types of spaces will be required for which types of functions?
  • Which fitness equipment is considered useful or desirable by our target market?

When designing the ILUs:

  • Should the microwave be located over, under or next to the oven?
  • Where should the emergency call base be located?
  • Where will residents want the broadband access located?
  • How much and where should storage be provided in the bathroom?

Who can you trust to answer these questions? The people that deal with the residents daily. Residents talk to these people and share their likes and dislikes about units – they will know the answers too many of these queries.

Another important reason for development and operations to work together early is to ensure the operator has a thorough knowledge of the buildings and property that will be theirs to manage. Being part of discussions and selections, understanding why certain decisions were made, knowing the strengths and weaknesses of selected products and equipment, being aware of the benefits of a particular system installed will allow the operator to have a complete understanding of maintenance needs, budget implications, equipment capabilities and sales feature and benefits. It also allows early consideration of how the community facilities can best be utilised to provide maximum resident enjoyment and flexibility.

The end result will be a more saleable village, which operates efficiently resulting in lower service fees and happier residents and staff.

 ENDS

The RVA welcomes your feedback on this story and encourages you to leave a comment. You can submit your comment at the bottom of this post.


Study tour a success in San Francisco

June 10, 2010

ThomsonAdsett’s Chairman Chris Straw and Business Development Manager Judy Martin recently joined Retirement Village Association (RVA) CEO Andrew Giles to lead the Global Retirement Communities Study Tour in San Francisco. Following on from the success of similar tours for the aged care industry, this new initiative brought together a partnership of two prominent leading organisations in the field of retirement living (RVA and ThomsonAdsett) to give senior executives in the industry unprecedented access to the latest and greatest in international retirement living developments.

Judy Martin, Study Program Leader, in collaboration with AAHSA/IAHSA members Ginger Nussle, (IAHSA), Jerry Brown (Bethany Centre) and Marilyn Kennedy (Episcopal Homes) planned a program of visits to seniors living facilities in San Francisco, the SF Bay Area, Sacramento and Palo Alto, hosted by a range of leading US Seniors living organisations including Episcopal Senior Communities, Bethany Centre, Mercy Care, Eskaton, AgeSong and On Lok.

Over the course of the week, the delegates were given access to seniors living facilities, programs and developments, each with a specific feature or element worthy of inspection, consideration, discussion and debate.  The program was very full with the group visiting ten facilities in total.  The main highlight was the amicable interaction with and collegial support from the US colleagues who took time out to host and accompany them on the tour for each development. The delegates were amazed by the wonderful hospitality and support given to them by their hosts. 

A highlight of the tour was Win Marshall, Chair of the American Association of Homes and Services for the Ageing (AAHSA) who met with the delegation for a roundtable discussion.  Win spoke to the delegates about the national environment of the industry within the US and AAHSA’s vision as an organisation.

The Global Retirement Communities Study tour was a huge success, with 100% of delegates stating their attendance on the tour was a wise professional decision.  The tour cemented the professional relationship between AAHSA/IAHSA and RVA Australia and all look forward to staying in touch and networking across the oceans.

The Australian SAGE study tours www.sagetours.com are an industry first partnership between architecture firm ThomsonAdsett and aged care peak industry bodies Aged Care Association Australia (ACAA) and Aged & Community Services Australia (ACSA). The RVA will be joining the SAGE initiative to make a collaborative approach to International SAGE study tours. A number of the tours have been conducted in association with IAHSA.

The tours will provide health & aged care industry professionals with a unique opportunity to gain valuable insights in the delivery of seniors living from key professionals in the international health and aged care fields. Participants will receive valuable insights from some of the world’s most highly respected aged care professionals and have the opportunity to evaluate the advancement of senior living options from a global perspective.

ENDS

The RVA welcomes your feedback on this story and encourages you to leave a comment. You can submit your comment at the bottom of this post.


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