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
▼
Pages
▼
Pages
▼
Thursday, 6 February 2025
Transfer of Intergenerational Wealth
Capital Wealth Lost
Retirement village analysis shows the dominant financial model for retirement villages the loan lease model is causing a demonstrative transfer of capital from residents and their families to operator corporations. https://t.co/4zW6TvuCXF @MichaelWestBiz @consumervic #springst
— Les Scobie (@retvilldotnet) February 3, 2025
Vic Labor Tramples Retirment Village Residents
@VictorianLabor has trampled some 36,000 retirees in retirement villages by making them wait 12 months to get their money back on leaving a village. Insulting them by saying probate takes longer than six months. @NStaikos @JaclynSymes @TimMcCurdyMP @consumervic @abc730 #SpringSt pic.twitter.com/GtDQ1xOOPF
— Les Scobie (@retvilldotnet) February 2, 2025