Why Your Organisations Needs An Asset Mangament
All operators are required to create and maintain an Asset Management Plan. In New South Wales, mandatory Asset Management Plans (AMPs) became a legislative requirement for retirement villages in 2022. Now, with draft legislation announced in other states, including Victoria, South Australia, Western Australia and Tasmania, operators across Australia are reviewing their asset management processes in preparation for further regulatory reform.
What’s Happening?
As a Retirement Living Operator, caring for your residents has always been your priority. In NSW, regulations introduced in 2022 require a 10-year Asset Management Plan (AMP), refreshed every 3 years, and an up-to-date Asset Register cataloguing major capital items within seven days of purchase.
At AssetFuture, we've anticipated that these policy changes would eventually roll out nationally, and similar legislation is now in motion for VIC, SA, WA and TAS.
While each state’s legislative process and requirements may differ, the national trend is clear: operators will soon be required to maintain comprehensive, transparent, and future-focused AMPs. These will likely involve asset registers, capital maintenance forecasts, and clear, consistent reporting to residents and regulators.
Why Assetfuture?
AssetFuture has supported and modelled over 40% of NSW village units on their compliance journey, and our proven methodology is tailored to the operational and compliance demands of retirement living operators.
Our technology-driven approach captures and models your asset data to generate compliant AMPs, asset registers, and lifecycle forecasts.
Whether you have existing systems or are starting from scratch, AssetFuture’s platform can integrate, fill gaps, and create structured, future-ready asset management frameworks aligned with government guidelines.
Get ahead of the curve and start your asset management planning now.
Benefits of Asset Management Planning
Transparency
Complete visibility over the entire asset portfolio and Asset Register, enabling a line of sight from planning to operational execution.
Operational resilience
Automate asset data capture and reporting without relying on Excel or disconnected systems.
Resident assurance
Demonstrate government compliance and duty of care while delivering safer, higher-quality living spaces through proactive asset management.
Executive oversight
Provide boards and C-suite teams with clear, actionable asset insights to help change perception of the role and get buy-in.
Efficiency
Utilisation of data to optimise capital expenditure and operations expense decision-making and prioritise spending.
Cost savings
Reduce reactive maintenance, extend asset life and optimise spending with data-driven, proactive management.
Are your Asset Registers, current, accurate and comprehensive? Contact us today.
How Asset Management Planning Helps
AssetFuture’s asset management solution supports retirement living operators to:
Develop structured Asset Management Plans
Maintain accurate, centralised asset data
Forecast asset lifecycles and capital maintenance costs
Generate clear, compliant reports for internal and external stakeholders
Relieve operational pressure with scalable, technology-driven systems
Here’s What We Do
Proven Success With Leading Operators
Contact Us
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