Want to create an interactive transcript for this episode?
Podcast: The Mike Hosking Breakfast
Episode: Jane Wrightson: Retirement Commissioner on the reforms to the Retirement Villages Act 2003
Description: The Retirement Commissioner's unfazed at the prospect of a potential retirement village price rise. The Government's announced changes to the Retirement Villages Act 2003, aiming to ease the experience of elderly people and their families. Changes include ensuring money is paid back within a year after a resident leaves. Commissioner Jane Wrightson told Mike Hosking it’s been a five-year process with painstaking consultation and assessment, and the Government has done a very careful balancing act, going straight through the middle of most of the disputes. She says that both parties, the operat...