Who regulates retirement villages in Australia? This is a question that many people are asking as the population of retirees continues to grow. There are a number of government agencies who are responsible for regulating retirement villages, but it can be confusing to know who does what. In this blog post, we will take a look at the different government agencies who oversee retirement village regulation and briefly discuss what they do. 

The first government agency that we will look at is the Department of Health and Aged Care (DHAC). The DHAC is responsible for developing policy and legislation relating to aged care, including retirement villages. They also work with state and territory governments to ensure that aged care services are delivered in a safe and consistent manner across Australia. 

The Australian Competition and Consumer Commission (ACCC) is another government agency that has a role in regulating retirement villages. The ACCC is responsible for ensuring that businesses comply with the Competition and Consumer Act 2010, which includes protecting consumers from unfair practices such as false or misleading advertising. 

State and territory governments also have a role in regulating retirement villages. Each state and territory has its own legislation that governs the operation of retirement villages, so it is important to check the laws that apply in your area. The relevant government department in each state or territory is usually responsible for enforcing the legislation and ensuring that retirement villages are operating compliantly. 

Retirement Villages Act is the main piece of legislation that governs retirement villages. The Act sets out the rules and regulations for retirement village living, including minimum standards for amenities and services, financial disclosure requirements, and resident rights and responsibilities. The Act is administered by the state and territory governments. 

If you are considering moving into a retirement village, it is important to do your research and make sure that you understand the regulations that apply. This will help you to choose a village that is well-run and compliant with the law.

Author: Shaun Ganguly

Director and Financial Planner at Retirement Village Financial Advice and Aged Care Financial Planning, Shaun Ganguly specialises in complex Aged Care, Retirement Living, and Centrelink matters. He holds a Bachelor of Commerce (Finance & Economics), and is an FPA Accredited Aged Care Professional, Aged Care Guru, and Certified Financial Planner.

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