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, 16 July 2019

Pensioners Going Without Food

Drain of Retiree Capital Wealth

Land Developers Banking Lots

Stay at Home and Live Longer

Deeming Rates Shame

Doom & Gloom for Australian Property Prices

Transfer of Capital Wealth from Retirees.

Capital Gain or Capital Loss

True Cost Of Retirement Village Living

Loan Not Purchase

Failure to Raise the Newstart Allowance

Failure to lift NEWSTART Allowance

All Else Is Lost

Best Retirement Village Fix

Monday, 8 July 2019

Watershed In Political Cruelty

Political Cruelty in Newstart Payment

Federal Laws For Retirement Villages

Aspirational or Second Class Citizen

Retirement Village Emergency Evacuation

Purchase or Rent

Property Owner Or Property Renter

Retiree Capacity To Fund Aged Care Costs

Long Term Impact On Retirees

Wednesday, 3 July 2019

To Say Nothing Is To Be Complicit

New Retirement Living Occupancy Laws?

Proposed New Tenancy Laws?

No News on Victorian Retirement Village Reforms

Delivering for only some Victorians

New Financial Lending Laws?

Financial Destiny of Retirement Village Resident

Financial Data From Retirement Village Examination

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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