Real Estate Institute of WA chief executive Anne Arnold has been appointed to the board of aged-care provider, Southern Cross Care, which the business said would contribute to its strategy in dealing with housing shortages.
According to Ms Arnold, one of the biggest issues facing the aged-care industry is housing affordability, especially for elderly people, who finish their working life without owning their own home.
“The Australian income support system for older Australians is predicated on the basis that housing costs are minimal due to high rates of ownership,” Ms Arnold said.
“It is a privilege for me to be able to bring my experience and knowledge of affordable housing to help with future Southern Cross Care developments and community facilities.”
Southern Cross chief executive officer Stuart Flynn said the provider’s innovative focus on developing housing options for seniors would provide opportunities to create vibrant communities.
“Consumers and government bodies are calling for innovative seniors’ housing solutions that become part of the broader community, not the old-style retirement village that is surrounded by walls and blocked off from all around it,” Mr Flynn said.
“Combining lease for life, strata developments and rental housing options are an important part of a new approach to housing in this market.
