The Transfer of Intergenerational Wealth

"Families need to be aware that what we are talking about here is the transfer of intergenerational wealth, not to families, but into the pockets of large multi-nationals.

Shame about elderly people not having enough money for aged care."

Tom Gait, Retirement Village Residents Association.

Tuesday, 26 March 2019

Increased Aged Care Taxpayer Burden from Retirement Villages

Excessive Drain of Capital Away from Retirement Village Residents

Sunday, 24 March 2019

Retirement Villages In Words and Pictures

Minister Kairouz Fails to Understand Retirement Village Financial Dangers for Retirees

State Laws Enable Devastating Financial Outcome For Australian Retirees

Wednesday, 20 March 2019

Commonwealth Taxpayers Fund Profits of Retirement Village Operators

Transfer of Retiree Capital Wealth to Multinationals

Retirement Village Ombudsman Issue In NSW Election

Tuesday, 19 March 2019

Government By The People But Not For The People

Retirement Village Residents Put Out On Street by State Laws

Aged Care Funding Negatively Impacted by Retirement Villages

Monday, 18 March 2019

New In Home Aged Care Pricing Rules

Professor Fels Calls For Urgent Action On Retirement Villages

Ombudsman - NSW Retirees Have Clear Choice

Transfer Of Inter-generational Wealth Away From Families

Retirement Industry Code of Conduct Simply Exercise In Self Preservation

Retirement Village Deferred Management Fee Should Be Restricted

Thursday, 14 March 2019

Retirees Departing Retirement Villages Penniless

Retirement Villages Negative Impact on Aged Care Funding

Retirement Villages the Greatest Untouched Consumer Protection Issue

Clear Need For Retirement Village Ombudsman

NSW Retirees Have Clear Choice

Sunday, 10 March 2019

Retirement Village Fully Explained

Silent Killer of Retiree Capital Wealth

Transfer of Inter-generational Wealth Away from Families

Sums Up Retirement Villages Beautifully

Seniors Form Political Party

Sting In Tail With Falling Property Prices

Retirement Village Residents Stand for Parliament

NSW Labor Promises Retirement Village Ombudsman

NSW Retirement Village Ambassador

Danger for Retirement Village Residents in Falling Property Prices

Ageing at Home - Elderly and Vulnerable Taken Advantage Of

Tuesday, 5 March 2019

Example 1 - Need for Retirement Village Ombudsman

Retirees Spiral to Financial Doom

Seniors living boom in Port Stephens sparks calls for Retirement Village Ombudsman

Friday, 1 March 2019

Retirement Village Emergency Safety Issue

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.


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