The Victorian Parliament’s Legal and Social Issues Committee has commenced a major inquiry into the operation and regulation of the retirement housing sector.

The Victorian Parliament’s Legal and Social Issues Committee has commenced a major inquiry into the operation and regulation of the retirement housing sector. Following a motion agreed to by the Victorian Legislative Council on 24 February 2016, the Committee is required to inquire into and report on the sector by 1 March 2017.

Retirement villages, caravan parks, residential parks and rental independent living accommodation are all included in the scope of the inquiry.

The Committee will examine the existing legislation to identify opportunities for improvement and reform. Under the inquiry’s terms of reference, the Committee will consider the legislation to ensure that it:

  • reflects the diversity of retirement housing and focuses on dignity and appropriate care for retirees;
  • includes proper consumer protections and adequate dispute resolution procedures;
  • allows for fair pricing; and
  • includes consistent and simplified management standards and regulations across the retirement sector.

The Committee will consult with retirement housing owners and managers as well as residents and their families. Committee Chair Edward O’Donohue said that the inquiry “is an important opportunity to hear the community’s views about retirement housing and identify ways in which the sector can best meet the demands and challenges it faces into the future.”

Submissions are due by Wednesday 15 June 2016.