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Shortlist for control of $500m aged care empire revealed


Bis have been rolling in since the start of the month.
The Australian Financial Review reported that bidders had about a month to finalise diligence, arrange funding and submit a binding offer for the auction.
Halcyon s largest presence in Queensland is on the Sunshine Coast where three of its nine communities are located.
Its first facility, Halcyon Parks with 171 homes, was opened in Caloundra in 2004.
It also owns B by Halcyon at Buderim and Halcyon Lakeside at Bli Bli.
Stockland operates 60 retirement villages with more than 10,000 residents, including two on the Sunshine Coast - Bellcarra and Shine.
The $65.9 million deal also included the purchase of Big 4 Townsville Woodlands Holiday Park in North Queensland. ....

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Charity hopes to avoid being burnt by increased fire levy


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A Coast charity delivering aide to drought-stricken communities is among several groups and businesses hoping for a reprieve from a looming emergency management levy increase.
Care Outreach co-founder Melissa Close said their centre, in the Coolum Eco Industrial Park, was part of the half of the estate earmarked for a more than 100 per cent increase of the levy.
Ms Close said the increase would impact the not-for-profit as the added costs would filter down in their outgoings.
“We’re a charity and everything we do is funded by donations,” she said.
She said it was difficult to understand why half the estate had been rezoned for the increase and others across the street hadn’t. ....

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