Retirement Village Residents Like Frog in Slow Boiling Water

Victorian retirement village residents are as vulnerable as a frog in slow boiling water, they don't know what is really happening to them.

The reality is a slow transfer of their hard earned capital wealth, not to their families, but to greedy corporations. Then they have to rely on the Australian taxpayer to fund their aged care costs.

The Victorian Labor government has just written an operator centric legislative framework to support this process.