Friday, 27 April 2018

Retirment Village Probe By ACCC Stalls

YourLifeChoices reports ACCC retirement village probe stalls.

"Almost nine months since the competition watchdog said it would investigate serious matters involving retirement village operator Aveo, it has still not asked a single question of the company, according to chief executive Geoff Grady.

Further, political oversight for the issue at the federal level appears to have fallen through the cracks since the revelations.

Mid-last year, ACCC chairman Rod Sims told Fairfax Media that there were three laws relevant for the commission to investigate: misleading conduct, unfair contract terms and unconscionable conduct. But he said the ACCC would need to unpick what the state requirements were doing."

Read the full story here:- Watchdog probe into retirement village stalls

ACCC retirement village probe stalls

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