New online calculator to clarify costs for retirement village living

Leslie Williams, MP, says a new online calculator will empower residents by giving them a better understanding of the estimated costs of living in a retirement village.
Leslie Williams, MP, says a new online calculator will empower residents by giving them a better understanding of the estimated costs of living in a retirement village.

Retirement village residents will be better protected and have greater transparency when considering potential residency contracts after NSW Fair Trading launched a new online calculator.

The resource will empower residents by giving them a better understanding of the estimated costs of living in a retirement village. It is often hard to assess retirement village costs due to a wide range of fees and charges that are often incurred at different times.

This online tool puts consumers first by prompting prospective residents through a series of simple questions, which then generates easy-to-understand cost estimates. Recent amendments to the Retirement Villages Regulation 2009 also support the calculator through changes to Disclosure Statement requirements. Learn more: rvcalculator.fairtrading.nsw.gov.au.

Local women’s sport the focus of grants

Local sports clubs are invited to apply for grants of up to $20,000 with the focus on encouraging more talented girls and young women into sport programs.

About half of all Australian boys are active through a sports club in their youth compared with just 33 per cent of girls; and the participation rate drops sharply after girls turn 12. 

We want to see girls take to the field, but stay on the field stay there. I encourage all local clubs  to use this chance to boost their female programs and events. Clubs across the state are eligible to apply under the Local Sport Grant Program.

These grants cover initiatives such as new sport programs, upgrades to facilities or projects that improve participation. The program is part of a $10 million package. Sport is the lifeblood that unites communities. But it’s not just about female programs.

I encourage all sporting groups to apply to help people of all ages and abilities get involved in their local club or become more active. Grants are open until October 6. Visit sportandrecreation.nsw.gov.au/clubs/grants or phone 13 13 02