Your links are just talking about one specific retirement operator: Aveo - why do you use the plural (operators)?
https://www.businessinsider.com.au/r...sidents-2017-9
Your comments on NZ tax changes appear to be somewhat belated - I assume you missed Jacinda's flip-flop some days ago?
However - if we assume that Labour wins (still a big IF) and if they establish the proposed working group to propose tax changes in 2021 ... What specific tax changes would you see which would damage the retirement sector?
Given that they don't sell their property, but only "right to occupy" am I not clear how any Labour tax changes (like CGT and similar) would effect the retirement villages. Do you envisage a tax on unrealised capital gains? Possible, but political suicide for anybody proposing them - and as well a deathblow to our economy (most individuals and companies would not be able to pay tax on unrealised gains ...).
Could you just help us out with your in-depth understanding of the tax law - or is this just another of your down-ramps?