Law changes to protect retirees

RETIREES FIRST: Baulkham Hills MP David Elliott and Hornsby Matt Kean have welcomed new policies that will help protect people living in retirement villages.

RETIREES FIRST: Baulkham Hills MP David Elliott and Hornsby Matt Kean have welcomed new policies that will help protect people living in retirement villages.

PEOPLE living in retirement villages in The Hills will benefit from law changes that will protect them from falling victim of dodgy service.

The changes by the state government will create greater transparency in relation to fees and charges, introducing an online calculator to help people estimate costs of living in a retirement home, and NSW Fair Trading will conduct a blitz to monitor retirement village operators.

Hornsby MP and Better Regulation Minister Matt Kean said the changes will make retirement more enjoyable. 

“Retirees have worked hard their whole life so I’ll be coming down on any operators who have not complied with the law,” he said.

“This plan will put consumers first by making contracts more transparent, giving residents the tools to compare costs, and cracking down on providers through a compliance blitz.”

Baulkham Hills MP David Elliott said there will also be an inquiry into retirement villages in NSW.

“This inquiry will safeguard the rights of residents in Baulkham Hills retirement villages, and be tough on those who take advantage of our seniors,” Mr Elliott said.

“Our retirees have made so many valuable contributions to the Baulkham Hills community; they deserve to live fulfilling, independent lives in the village of their choosing.

“And these measures will work to bolster transparency and give current and future retirement village residents the details they need to make the most informed choice.”

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