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Four Corners: Bleed Them Dry Until They Die
Bleed Them Dry Until They Die
ABC  |  June 26, 2017
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The glossy brochures and slick advertising sell the promise of a blissful retirement in "enclaves of contentedness" where "lifestyle meets wellbeing". But residents of the retirement homes run by one of Australia's biggest providers have a very different story to tell. These retirement villages are marketed as a way for older Australians to keep their independence without the burden of maintaining a property. They can relax, secure in the knowledge that they have someone to call on if they need help. What many residents don't realise, until it's too late, is the astronomical amount they will have to pay for the privilege.

On Monday night, in a joint Four Corners/Fairfax Media investigation, reporter Adele Ferguson examines the ruthless tactics that residents say put profits before people. Residents say they've been patronised, marginalised and ripped off. Now they want to warn others. The findings of this joint investigation will be revealed in a series of online articles published by ABC News Online and Fairfax culminating in the Four Corners broadcast on Monday night.

The glossy brochures and slick advertising sell the promise of a blissful retirement in "enclaves of contentedness" where "lifestyle meets wellbeing". But residents of the retirement homes run by one of Australia's biggest providers have a very different story to tell. These retirement villages are marketed as a way for older Australians to keep their independence without the burden of maintaining a property. They can relax, secure in the knowledge that they have someone to call on if they need help. What many residents don't realise, until it's too late, is the astronomical amount they will have to pay for the privilege.

On Monday night, in a joint Four Corners/Fairfax Media investigation, reporter Adele Ferguson examines the ruthless tactics that residents say put profits before people. Residents say they've been patronised, marginalised and ripped off. Now they want to warn others. The findings of this joint investigation will be revealed in a series of online articles published by ABC News Online and Fairfax culminating in the Four Corners broadcast on Monday night.

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