
Coromandel retirement village residents face 47% fee rise
Fee rise met with negative feedback.
Stories and analysis from The Northern Express Herald.
Listed business expanding via purchases - and a possible Australian sale.
Twelve cases in Auckland, seven in Waikato, seven in the Bay of Plenty and one in Lakes.
"Impacted sales, delayed building works, added direct costs" - CEO on Covid's effects.
"People walk in and all hell will break loose. You have to stay calm" - Carolyn Cooper.
'Quite a big loss of building materials and equipment due to theft' - Julien Leys.
"A lot more risk of the pandemic this time": Metlifecare chief executive Earl Gasparich.
'The arbiter of all this will not be you, me or the Government. It will be the residents.'
"I've been in and around the sector for over 10 years," says Oceania Healthcare boss.
The new Oceania Healthcare CEO, Brent Pattison, talks to the NZ Herald. Video / Dean Purcell
Retirement Commissioner urges sweeping review of the sector.
Sales volumes rose 26 per cent in the latest year.