Blitz on se­niors vil­lages

The Sunday Telegraph (Sydney) - - NEWS - CHARLES MIRANDA

IN­SPEC­TORS from Fair Trad­ing are swoop­ing on 50 re­tire­ment vil­lages across NSW as part of a state govern­ment blitz on the in­dus­try.

The swoop comes as Kathryn Greiner fi­nalises her much-an­tic­i­pated re­port into the state of the re­tire­ment in­dus­try, with anec­do­tal and doc­u­mented ev­i­dence of a swath of com­plaints.

The blitz also comes amid the fed­eral govern­ment’s ap­par­ent get-tough at­ti­tude with the in­dus­try — af­ter a decade of ne­glect­ing its own par­lia­men­tary find­ings.

Ac­cord­ing to Fair Trad­ing sources, in­spec­tors were look­ing at re­tire­ment vil­lage fees, pre­scribed notices and au­dits.

The 50 in fo­cus were a mix­ture of ran­dom selections and those that had com­plaints filed against them in the past.

In­no­va­tion and Bet­ter Reg­u­la­tion Min­is­ter Matt Kean said more trans­parency in the in­dus­try was re­quired and that would come from the blitz and Greiner re­port.

“We need to make sure that re­tire­ment vil­lage res­i­dents are be­ing treated fairly and with the re­spect and dig­nity they de­serve,” Mr Kean said.

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