The current Retirement Villages Act Review is a once-in-a-generation opportunity to overhaul the regulatory framework for retirement villages in Victoria. We have the chance to future-proof this legislation, and lead the nation in terms of retirement village regulation, which will enhance resident confidence in the sector.
We see the Options Paper as a non-definitive list of ways we can improve retirement village regulation in Victoria. We have set out below our shared vision and recommendations for the review in this joint submission with the Consumer Action Law Centre, Council on the The Ageing Victoria, and Residents of Retirement Villages Victoria.