Today (August 2nd, 2017 )I found a collection of articles on the Brisbane Times website. It has been a concern of mine for a long time, that some companies in the aged care/retirement living industries are more concerned about profits than helping the elderly.
Some of the articles:
- “Calls for action on retirement villages grows louder.” Click here.
- “Aveo’s new Freedom Aged Care program comes at a high cost.” Click here.
- “Outcry over Aveo’s tactics as it pushes into aged care.” Click here.
“States scurry to reform retirement villages and ward off federal intervention.” Click here.
Here is a collection of articles on the subject from the Sydney Morning Herald. Cl22-July-The-Age-SMH-Freedom-articles-
One phrase that is heard often in this discussion is
“Bleed them dry until they die”
While I acknowledge the good work done by most organisations in the care of our seniors, I object to the high-profit margins and “price gouging” that appears to be a major part of the aged care system.
One certainly needs a lot of money to go into a “retirement village” – and despite all the publicity from those organisations, not everyone is happy.
Recently I made inquiries about a seniors rental complex.
Rental of a one bedroom unfurnished “unit” is $385 per week, which includes 3 meals a day. To rent a 3 bedroom house/unit in many areas of Queensland, you could pay around $325 per week rent,
To rent a 3 bedroom house/unit in many areas of Queensland, you could pay around $325 per week rent, so why would you pay $285 a week for a one bedroom unit? (Allowing for $100 a week for meals.)
I also note that there are retirement villages in South Australia and Western Australia where the rent is less than $200 per week. (Meals not included.)