{"id":2684,"date":"2024-02-01T04:39:59","date_gmt":"2024-02-01T04:39:59","guid":{"rendered":"https:\/\/blog.villages.com.au\/?p=2684"},"modified":"2024-02-01T05:35:35","modified_gmt":"2024-02-01T05:35:35","slug":"considering-buying-into-a-nsw-retirement-village-the-state-government-has-just-launched-a-public-register-of-villages","status":"publish","type":"post","link":"https:\/\/blog.villages.com.au\/retirement\/considering-buying-into-a-nsw-retirement-village-the-state-government-has-just-launched-a-public-register-of-villages\/","title":{"rendered":"Considering buying into a NSW retirement village? The State Government has just launched a public register of villages"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2684\" class=\"elementor elementor-2684\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8b0292e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8b0292e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e923c15\" data-id=\"e923c15\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ca8d094 elementor-drop-cap-yes elementor-drop-cap-view-stacked elementor-widget elementor-widget-text-editor\" data-id=\"ca8d094\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The consumer is the winner with the introduction of a live public register for the retirement village sector in NSW.<\/p><p>NSW Fair Trading, which regulates the sector, said the <a href=\"https:\/\/www.theweeklysource.com.au\/complacency-carries-big-risk-for-village-operators-remember-four-corners\">public register<\/a> is the latest reform to provide greater protections for consumers and improve transparency and accountability from the retirement village sector stemming from the <a href=\"https:\/\/www.theweeklysource.com.au\/ageing\/kathryn-greiner-promotes-name-and-shame-retirement-village-register\">2017 inquiry into the sector led by Kathryn Greiner<\/a>.<\/p><p>T<strong>he register includes information about the village such as entry price and ongoing costs, the size of the facility, the type of residency, if it is co-located with an aged care operator and if there have been any complaints.<\/strong><\/p><p>Previous changes from the inquiry include:<\/p><ul><li>improved access to exit entitlements;<\/li><li>capping the period of time residents paid recurrent charges for general services; and<\/li><li>requiring operators to maintain and publish an asset management plan for each retirement village they manage.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d865774 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d865774\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-873d83d\" data-id=\"873d83d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1ede35 elementor-widget elementor-widget-image\" data-id=\"e1ede35\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"295\" height=\"295\" src=\"https:\/\/www.villages.com.au/blog\/wp-content\/uploads\/2024\/02\/Picture5.png\" class=\"attachment-medium size-medium wp-image-2686\" alt=\"\" srcset=\"https:\/\/www.villages.com.au/blog\/wp-content\/uploads\/2024\/02\/Picture5.png 295w, https:\/\/www.villages.com.au/blog\/wp-content\/uploads\/2024\/02\/Picture5-150x150.png 150w, https:\/\/www.villages.com.au/blog\/wp-content\/uploads\/2024\/02\/Picture5-100x100.png 100w, https:\/\/www.villages.com.au/blog\/wp-content\/uploads\/2024\/02\/Picture5-220x220.png 220w, https:\/\/www.villages.com.au/blog\/wp-content\/uploads\/2024\/02\/Picture5-80x80.png 80w\" sizes=\"auto, (max-width: 295px) 100vw, 295px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65abced elementor-widget elementor-widget-text-editor\" data-id=\"65abced\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;Choosing a retirement village can be a stressful time for both the retiree and the family, and this register helps answer some key questions about the financial position of the village in an accessible way.&#8221; NSW Fair Trading Commissioner, Natasha Mann (pictured), said.<\/p><p><strong>Check out the public registry <a href=\"https:\/\/verify.licence.nsw.gov.au\/home\/RRV\">here<\/a>.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The consumer is the winner with the introduction of a live public register for the retirement village sector in NSW. NSW Fair Trading, which regulates the sector, said the public register is the latest reform to provide greater protections for consumers and improve transparency and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-2684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retirement"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/2684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/comments?post=2684"}],"version-history":[{"count":3,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/2684\/revisions"}],"predecessor-version":[{"id":2689,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/2684\/revisions\/2689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/media\/2713"}],"wp:attachment":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/media?parent=2684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/categories?post=2684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/tags?post=2684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}