OCA - Oceania Group - retirement villages

[justakiwi]

While I understand where she was coming from with this cartoon, I don't like it and I feel it portrays the wrong message to the general public.

Aged care providers in general are not treating our elderly folk as "nobodies." The residents in the vast majority of facilities feel valued and cared for. Caregivers ... not so much.

Maybe this cartoon is actually making a statement about the government ... I don't know. But the public may see it as a commentary about aged care providers, which concerns me.

I am possibly the only union member who does not support another large pay claim. I have expressed my disappointment with the claim they are making as I think it is completely unrealistic. We won't get what they are asking for of course, but making outrageous pay claims damages our cause and loses us the support of the public. As far as I am concerned, we should focusing on safe staffing levels right now. More money can wait till later. More staff would go a long way to reducing the stress I am currently experiencing at work. More money, won't.

But unfortunately, I am one voice amongst 65,000 and not one of them seems to want to hear mine.

Sharon says: Pay equity for 65,000 care workers in aged care facilities, & those who care for frail, elderly, disabled & injured people in their own homes, is unravelling. Seems like we don’t care about the carers or the people they care for.

Her cartoon

both the elderly person and the care worker in her cartoon don’t look like the cheery, happy and contented people you see in Annual Reports

[couta1]

While I understand where she was coming from with this cartoon, I don't like it and I feel it portrays the wrong message to the general public.

Aged care providers in general are not treating our elderly folk as "nobodies." The residents in the vast majority of facilities feel valued and cared for. Caregivers ... not so much.

Maybe this cartoon is actually making a statement about the government ... I don't know. But the public may see it as a commentary about aged care providers, which concerns me.

I am possibly the only union member who does not support another large pay claim. I have expressed my disappointment with the claim they are making as I think it is completely unrealistic. We won't get what they are asking for of course, but making outrageous pay claims damages our cause and loses us the support of the public. As far as I am concerned, we should focusing on safe staffing levels right now. More money can wait till later. More staff would go a long way to reducing the stress I am currently experiencing at work. More money, won't.

But unfortunately, I am one voice amongst 65,000 and not one of them seems to want to hear mine.

Agree completely, that cartoon is an insult to both the residents and the workers IMO, its not the face of the sector. PS-There are many, many voices like yours in the sector, you are not alone.

[Bjauck]

Sharon says: Pay equity for 65,000 care workers in aged care facilities, & those who care for frail, elderly, disabled & injured people in their own homes, is unravelling. Seems like we don’t care about the carers or the people they care for.

both the elderly person and the care worker in her cartoon don’t look like the cheery, happy and contented people you see in Annual Reports

It is not a well researched article but a cartoon after all and reflects the point the person who drew it wishes to make.

I would say many workers are in the same position as health care workers insofar as the government has overseen priorities over the years that have made housing and accommodation increasingly unaffordable. Salaries are falling further behind.

[jagger]

Good they got rid of dead wood. No acquisitions under his & Earl's "leadership", just heaps of cost increases, Earl far too soft.
Waterford and these two acquisitions in very short order under the new team + $290m war chest for more eps acquisitions. Hmmm, this is truly transformational stuff... where did I put the keys to the truck...got to be good buying at anything under $1.15
Rating upgrade announced. BBB Beagle busy buying.

According to MET's linkedin profile and website Earl and Mark Stockton (former head of property at OCA), aka the "dead wood", have made the following acquisitions in the last 12 months since joining MET:
- Pukekohe (8.6ha site - 168 ILU, 60 beds planned)
- Clevedon (20ha site - 130 ILU, 60 beds planned)
- Mangawhai (13ha site - 160 ILU, 50 beds planned)
- Selwyn Foundation (6 village portfolio)
- Havelock North (4.69ha site - 150 units planned)
- Whenuapai (8.96ha site - 142 ILU, 48 beds planned)
- Wanaka (5.42ha site - 137 ILU planned)

[winner69]

The guy from MacquarieMar expecting Ryman's second-half underlying net earnings were up about 62% on the first half,

Jeez, if OCA managed to do the same their full year underlying profit will come in at about $72m

That would be more like what it should be now we past the inflection point

Bit higher than mavericks (and mine) guess but who knows --- surprises do happen

[Beagle]

Drove past their prestigious Waimarie street development yesterday. Seems to be coming along very nicely but I am not sure if it'll be complete in FY23 or its a FY24 earner ? Certainly the foundational aspects were all in place some time ago and structural aspects of the village are all getting put into place. Heaps of steel beams and stuff rising up all over the show. I'm sure there will be photo's in Friday's annual report.

[couta1]

Someone keen on dispatching a few cheap ones on close, seems illogical a few days out from result, might as well wait and see. Yep 95c bid and 99c ask displays panic selling. Lol

[bull....]

crushed , must be a leak?

[tommy_d]

Aged care providers in general are not treating our elderly folk as "nobodies." The residents in the vast majority of facilities feel valued and cared for. Caregivers ... not so much.

Maybe this cartoon is actually making a statement about the government ... I don't know. But the public may see it as a commentary about aged care providers, which concerns me.

i interpreted the cartoon as saying neither are valued enough by society, and as a consequence, government.
I've heard a lot of praise for aged care workers, and seen people in their care treated incredibly well and very happy about it

[justakiwi]

Just give it up will you. You are now becoming more than a little tedious and annoying.

crushed , must be a leak?