Devil in the Detail for RV Residents

Victorian retirement village operators are full of Christmas cheer after Santa (Labor) delivered the goods to them in the proposed Retirement Villages Act 2024 version. The devil is in the detail for residents.

Victorian retirement village operators are full of Christmas cheer after Santa (Labor) delivered the goods to them in the proposed Retirement Villages Act 2024 version. The devil is in the detail for residents. @samantharatnam @AivGoesGreen @KatCopseyGreens @mansfieldmp pic.twitter.com/sReZ0uM7hn

— Les Scobie (@retvilldotnet) December 22, 2024

Worst Outcome For Retirees

Fed government wants retirees to downsize from family home (green), to retirement village 1 (orange). Vic government mandates if to a retirement village it's to be village 2 (pink). Go figure! @NStaikos @WendyLovellmp @georgievpurcell @JaclynSymes @HAAGHomeAtLast @jacintaallanmp pic.twitter.com/8ETFzt7Ukg

— Les Scobie (@retvilldotnet) December 21, 2024

New Retirement villages Act bad for Residents

Vic village operators full of Christmas cheer after Santa delivered the goods to them in the new Retirement Villages Act. Residents lament 7 years of effort and hope lost. @georgiecrozier @daviddavismlc @BevMcArthurMP @MoiraDeemingMP @melinabathmp @WendyLovellmp @adele_ferguson

— Les Scobie (@retvilldotnet) December 20, 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

What are Retirement Villages

What are retirement villages? - Residential accommodation, more expensive than a residential tenancy, destroys a retiree's capital base after a life of hard work. Home ownership is still the better path.

What is a retirement village? - Residential accommodation, more expensive than a residential tenancy, destroys a retiree's capital base after a life of hard work. Home ownership is still the better path. @georgiecrozier @daviddavismlc @BevMcArthurMP @MoiraDeemingMP @melinabathmp pic.twitter.com/2ShzOF3S1U

— Les Scobie (@retvilldotnet) December 18, 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

Retiree Capital Destroyed by Retirement Villages

The @jacintaallanmp Labor government fails to recognise destructive nature of retirement villages, sending retirees on a journey that destroys their capital base. @WendyLovellmp @georgievpurcell @JaclynSymes @HAAGHomeAtLast @Chris_Gillett_ @adele_ferguson @ABCGoulburnMurray pic.twitter.com/oEJvIphmZp

— Les Scobie (@retvilldotnet) December 16, 2024

Vic Government Ignores Retirement Village Problem

Vic @jacintaallanmp government refuses to repeal/amend Section 38.5 in the new proposed RV act, this despite being aware of the problem. Another 'free kick' to retirement village operators. THE FOX IS IN THE HENHOUSE. @WendyLovellmp @georgievpurcell @JaclynSymes @HAAGHomeAtLast pic.twitter.com/OSs6RZauGf

— Les Scobie (@retvilldotnet) December 15, 2024

Vic Labor government fails to understand cash flow management

Vic Labor government fails to understand cash flow management by allowing retirement village operators to wait 12 months before paying retirees their refundable $$. The operator has had it since day 1. @WendyLovellmp @georgievpurcell @JaclynSymes @HAAGHomeAtLast @jacintaallanmp pic.twitter.com/lLcfB6n086

— Les Scobie (@retvilldotnet) December 12, 2024

New Vic Retirement Villages Act does nothing to stop systemic overcharging. Operators ignore s38aa, misuse s38.2, levy higher fees without the authority. Government aware of it but chose to do nothing. @WendyLovellmp @georgievpurcell @JaclynSymes @HAAGHomeAtLast @consumervic pic.twitter.com/KvnROl3vpi

— Les Scobie (@retvilldotnet) December 11, 2024