Residents and consumer groups are calling for stricter repayment rules in retirement villages, demanding that operators return residents' capital within months of departure or death, citing concerns over financial exploitation and long-term capital retention.
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proposed as fairer alternative to current rules
'It's kind of piracy': Calls for tougher retirement village repayment lawsspecific legislative proposal for financial access
Retirement village residents descend on parliament to challenge politiciansSpotted something wrong on this page? Report a correction.
