Victorians can now have their say on retirement village laws as part of a review of the Retirement Villages Act 1986.
The review aims to update laws about retirement villages to further protect consumers, as well as encourage growth and innovation in the sector.
As part of the review, Consumer Affairs Victoria will also be facilitating a number of community consultation sessions during November.
The consultation sessions will be held in Shepparton, Geelong and Melbourne, ensuring all Victorians can contribute their ideas.
The review is being conducted in response to the Parliamentary Inquiry into the Retirement Housing Sector and aims to address concerns around:
- Contractual agreements, including whether contracts are too complex
- Disclosure of fees and charges
- Obligations for repairs and maintenance
- Rights and obligations when selling a village unit.
Victorians can learn more about the current laws surrounding retirement villages by visiting www.consumer.vic.gov.au/retirementvillages.
Those who wish to make a submission, contribute their stories, experiences, and suggestions on the regulation of the retirement village sector can do so by visiting www.engage.vic.gov.au/retirementvillagesact before Friday, 6 December.
Quotes attributable to Minister for Consumer Affairs Marlene Kairouz
“We’re creating fair and effective retirement village laws and engaging with the community is an important step in this process, and we want Victorians to have their say.”
“Input from retirement village residents, employees, owners, and managers is vital to ensure that the government is addressing key issues within the retirement village sector.”
Quote attributable to Minister for Ageing Luke Donnellan
“We’re working to ensure all our senior Victorians are engaged in the community, including those in retirement villages and it’s important they’re able to have a say on the issues that matter most to them.”