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Retirement village operators have been accused of gouging older Australians, with residents complaining of incredibly complex contracts and huge exit fees. Today South Australian MP Rebekha Sharkie appeared alongside residents and their families, demanding the federal government introduce tougher regulation of the sector. Investigative reporter Adele Ferguson's work exposed the retirement village financial trap last week on 7.30. Subscribe: https://ab.co/3yqPOZ5 Welcome to ABC News In-depth, where you'll find our long-form journalism and other videos to help you understand what's going on in the world around you. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: / newsonabc Like ABC News on Facebook: / abcnews.au Follow ABC News on Instagram: / abcnews_au Follow ABC News on Twitter: / abcnews Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia