Govt’s retirement village U-turn: initial plan was no deadline on family payouts
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Newly released documents reveal the government originally had a different plan for retirement villages. The initial proposal would have allowed these villages to decide their own timing for paying out exiting residents. This indicates a reversal in policy regarding deadlines for family payouts.
The Government originally planned to allow retirement villages to decide when they would pay out exiting residents, newly-released documents show.
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