SCOTT MORRISON IS WRONG
SCOTT MORRISON IS WRONG: YOU DO NEED THE GOVERNMENT IN YOUR LIFE (especially if you are a Retirement Village resident)
Without the intervention of the NSW government retirement village residents would still be:
paying recurrent (general services) fees well after they have permanently left their residence: now there is a legislated 42-day cap ;
having to stay in the village well past the time they should have left for aged care accommodation because, if their unit wasn’t sold, they couldn’t cover the costs of moving or pay the nursing home daily fees: the Aged Care Rule has now been legislated which means they can now access part of their estimated exit entitlement money to pay those costs;
be stuck with a contract which might be unsuitable for their needs, especially when they need to leave the village: now the regulations prescribe that contracts must be in standard form and even though there may be other terms added these cannot be inconsistent with the standard terms or with retirement village laws or any other law.
As a retirement village resident you are better protected because of government intervention and supervision.
You are also better protected if you ask a solicitor to explain all the ins and outs of the contract well before you move in. Flanagan Legal Newcastle provides such a service.