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© 2024 The Weekly SOURCE
Aged Care

The sector speaks to The SOURCE: Grant Corderoy, Senior Partner StewartBrown

1 min read

DCM Group journalist, Lauren Broomham talks to Grant Corderoy, Senior Partner at StewartBrown and a key member of the Aged Care Taskforce, about the financial implications of the Government’s response to the Taskforce.

To read more, subscribe to SATURDAY for exclusive interviews with the best minds in the business of ageing - and more.  

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Top Stories
Sector Moves & People

Janet Anderson out, new Aged Care Quality and Safety Commissioner in

The inaugural Commissioner of the Aged Care Quality and Safety Commission, Janet Anderson PSM, will depart the role next month after six years in favour of a new face.

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Lauren Broomham
13 Dec 2024
Sector Moves & People

Which aged care provider has been awarded a $136M contract to conduct assessments under new Single Assessment System?

The Department of Health and Aged Care has released details of contracts worth nearly $1.5 billion awarded to operators to conduct aged care assessments under the new Single Assessment System. The largest contract, worth more than $226 million, was...

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Caroline Egan
12 Dec 2024
Government Policy

Breaking news: Fed Govt slashes $2.5B off aged care with new payments in arrears for residential aged care from 1 July 2026

With the Federal Budget slipping further into deficit over the next four years, the Mid-Year Economic Fiscal Outlook (MYEFO) 2024-25 has revealed the Albanese Government is looking to save on spending with aged care is in its sights. Presenting the...

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Lauren Broomham
18 Dec 2024
Opinion

2024 aged care report card: pass for residential care, home care a failure

The final report card for the aged care sector looks very different depending on what services you deliver.

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Lauren Broomham
18 Dec 2024
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Mergers & Acquisitions
Funding

Bain Capital-owned Estia Health reportedly secures $300M finance line

Estia Health has secured $300 million in financing from Japanese Bank Nomura, according to The Australian Financial Review’s Street Talk column.

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Caroline Egan
11 Dec 2024
Mergers & Acquisitions

Sale price for Kiama Council’s Blue Haven Bonaira aged care home slashed by $6M

Perth-based aged care provider Hall & Prior will pay $89 million for the Council-built 134-bed aged care home in Kiama, south of Sydney, down from the $95 million original price tag, after additional building defects were identified.

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Caroline Egan
11 Dec 2024
Mergers & Acquisitions

With its closest aged care home 1,200km away, St Vincent’s Care Services sells Townsville facility to Ozcare

Ozcare was established as part of the St Vincent de Paul Society Queensland in 1996 and nearly 30 years later has more than 50 locations throughout Queensland including 18 aged care homes, with several in and around Townsville

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Caroline Egan
11 Dec 2024
Topic - Acquisitions
Mergers & Acquisitions

Regis Aged Care and Estia Health complete acquisitions

This week, two acquisitions by Regis Aged Care and Estia Health were completed.

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Caroline Egan
05 Dec 2024
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