Protecting retirees

We will review and reform the retirement housing sector to ensure older people are not ripped off.

RETIREMENT HOUSING

Many people reach retirement age without owning a home and with limited financial savings. For some, social housing will be available, but social housing alone cannot meet the needs of an aging population. For others, including those who are home owners but need to downsize, there are a range of housing options including not-for-profit and private residential villages, caravan parks, residential parks, and independent living units.

These alternative housing models can provide affordable, supported and secure housing for people in retirement and form a very important part of the housing mix. However, currently these housing types are governed by complex and inadequate regulation and can be mismanaged. This has left some older people out of pocket, locked in or homeless without clear rights or process to resolve issues.

OUR PLAN

The Greens will move that a parliamentary committee inquiry be established into the retirement housing sector and the Retirement Villages Act. Our inquiry will give individuals, community organisations and housing agencies an opportunity to share their experiences and perspectives.

The Greens will act on the recommendations of the inquiry to reform retirement housing legislation to ensure it reflects the diversity of retirement housing types and includes proper consumer protections, dispute resolution procedures, fair pricing, and consistent, simplified management standards and regulations across the sector.

You can trust the Greens to pursue these housing reforms, which are critical to the health and wellbeing of older people, particularly those on low incomes.

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