Retirement Villages open to exploitation. The industry needs to be regulated.

There has been a lot of stories in the medial recently about the financial dealings of Aveo in relation to their many retirement villages.  We cannot stress enough the importance of consulting a lawyer before signing any contracts, particularly the long complicated ones that are often used in retirement villages.  Below are links to the 4 Corners/Fairfax investigation into Aveo.  

Seamless Transitions strongly supports government regulation of the aged care industry.  Older people can be particularly vulnerable to exploitation.

http://www.theage.com.au/interactive/2017/retirement-racket/the-price-of-freedom/

http://www.theage.com.au/interactive/2017/retirement-racket/the-get-poor-quick-scheme/

http://www.theage.com.au/interactive/2017/retirement-racket/bleed-them-dry/

http://www.theage.com.au/comment/the-age-editorial/the-retirement-racket-official-probe-needed-into-retirement-village-industry-20170626-gwyy2e.html?btis