retvilldotnet: Residents of Retirement Villages Victoria

Showing posts with label Residents of Retirement Villages Victoria. Show all posts

Thursday, 6 February 2025

Transfer of Intergenerational Wealth

Retirees don't deserve the financial disaster that comes from downsizing from the family home into a retirement village. @SffpVictoria @ademsomyurek @_davidlimbrick @georgievpurcell @rachelpaynemp @dettershankMP @BradBattinMP @DavidDavisMLC @NStaikos #springst @AivGoesGreen pic.twitter.com/zSxfvEk82u
— Les Scobie (@retvilldotnet) February 4, 2025

Saturday, 18 January 2025

Retirement Village Fox in the Hen House by Government Decree

The new proposed Victorian Retirement Villages Act 1986 has put the Fox in the Henhouse by government decree.

As though written by operators for operators, brushing residents aside in their insatiable pursuit of even bigger profits.

fox in hen house for retirement village residents

Tuesday, 24 December 2024

Systemic Overcharging in Victorian Retirement Villages

The new Vic Retirement Villages Act does nothing to stop systemic overcharging. Operators ignore s38aa, flout s38.2, ignore s38.4 and levy higher fees without statutory authority. Government aware of it but chooses to do nothing about it.

The new Vic Retirement Villages Act does nothing to stop systemic overcharging. Operators ignore s38aa, flout s38.2, ignore s38.4 and levy higher fees without statutory authority. Government aware of it but chooses to do nothing about it. @JacintaAllanMP @consumervic #springst pic.twitter.com/ovRX28tqFJ
— Les Scobie (@retvilldotnet) December 23, 2024

Friday, 20 December 2024

Vic Retirement Villages Act a Shocker for Residents

The new Victorian Retirement Villages Act 2024 is a shocker for residents. The newly appointed Minister for Consumer Affairs @NStaikos will cop the blame for all the bungling since 2017. @jbourmanmp @ademsomyurek @_davidlimbrick @georgievpurcell @rachelpaynemp @dettershankmp pic.twitter.com/1YtvPzi5Yr
— Les Scobie (@retvilldotnet) December 19, 2024

Wednesday, 18 December 2024

Vic Retirement Villages Act written for operators not residents

New Vic Retirement Villages Act does nothing to stop systemic overcharging. Operators ignore s38aa, misuse s38.2, levy higher fees without s38.4 authority. Government aware of it but choose to do nothing. @samantharatnam @AivGoesGreen @KatCopseyGreens @mansfieldmp @abc730 pic.twitter.com/MVJN9hYopp
— Les Scobie (@retvilldotnet) December 17, 2024

Friday, 8 April 2022

RRVV Refreshes Member Website

The peak representative body for retirement village residents in Victoria, Residents of Retirement Villages Victoria has refreshed their web site with a bold new look.

Residents of Retirement Villages Victoria Inc. is an independent volunteer organisation serving and representing residents of retirement villages and similar housing communities within Victoria. RRVV as they are commonly referred to represent around 6,000 residents and growing.

The organisation is member-based and is managed by a committee of unpaid volunteer village residents who are elected annually at their Annual General Meeting. They do not receive any government funding and depend solely on fee subscriptions and member donations to operate.

New members are always welcome as the more members they have, the greater is their effectiveness, they encourage all retirement village residents to join as this will support all residents of retirement villages across Victoria.

Take this link to their 'new look' web site - Residents of Retirement Villages Victoria

Function of Government

The role of government is to create an environment for commerce to function whilst at the same time protecting retirees and particularly vulnerable retirees from both financial and emotional harm emanating from that function.

The Victorian Retirement Villages Act 1986 provides the environment for commerce to function but fails to fully protect retirees from financial and emotional harm as a result of it.

The Victorian legislative definition of a retirement village in demanding the payment of an 'in-going' amount without the transfer of property ownership is a major contributor to that financial and emotional harm suffered by retirees.