Queensland authorities are probing the fees residents are charged to sell retirement villas, following an ABC investigation into the multi-billion dollar sector.
The ABC's investigation exposed a power imbalance and practices including charging gigantic fees when residents leave their village, prompting calls to reform the sector to provide more transparency and consistency across the states.
To know more: https://www.abc.net.au/news/2024-10-04/queensland-authorities-launch-probe-on-retirement-villages/104422888