The tactics retirement villages use to churn residents and maximise profits

The tactics retirement villages use to churn residents and maximise profits | 7.30

Retirement villages were created by churches to care for Australians as they grow older.
But the sector has been flooded with for-profit providers turning it into a multi-billion dollar industry. And amidst a drive for profits, some elderly residents are suffering. Adele Ferguson investigates.
Subscribe: https://ab.co/3yqPOZ5 Read more here: https://www.abc.net.au/news/2024-10-03/retirement-village-pinnacle-living-accused-of-harassing-resident/104421886
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Welcome to ABC News In-depth, where you'll find our long-form journalism and explainers to help you understand what's going on in the world around you. You'll find all your favourite ABC News programs: Four Corners, Foreign Correspondent, Australian Stor...

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