New NSW Fair Trading online calculators launched

Estimated cost calculator introduced amid crackdown on retirement village sector

 By: Lucy Cormack

Prospective residents of retirement villages will be able to calculate the estimated costs of moving into a village before signing a contract, with the launch of a new online calculator by NSW Fair Trading on Tuesday.

Minister for Better Regulation Matt Kean said the online calculator would allow residents to “compare village prices and ultimately ensure they’re not getting ripped off by unscrupulous operators”.

Read Lucy’s article HERE.

Access the Retirement Village Calculators HERE