At LEADERS SUMMIT 2025, the leading aged care accountant began his presentation talking about the Aged Care Royal Commission recommendation that there be a single entry point into the aged care system.
Though the system is still some way from that goal, Grant Corderoy, Senior Partner at StewartBrown, said incoming reforms will move the system away from the current "siloed" approach, for example with the planned merging of Support at Home and the Commonwealth Home Support Program (CHSP), due to happen after 1 July 2027.
The ending of Aged Care Approval Rounds (ACAR) from 1 July 2025 will also break down aged care siloes, Grant said.
"From July, when someone is assessed as needing aged care they can choose where they receive it," he said.
"We might receive it in an independent living type accommodation. It's really going to change the nature [of aged care].
"It's going to be the providers who are providing independent living units, seniors housing, who are going to take a dominant role."
Grant said the Aged Care Quality and Safety Commission's capture of retirement living in the planned liquidity ratio is a reflection of the merging of residential aged care and retirement living.
"Yes, it [retirement living] is part of aged care, even though it's not mentioned too much in the Aged Care Act," he said. "It's going to be a driver of what happens."
The StewartBrown Retirement Living Survey will capture data on the anticipated merging between home care and retirement living.
"We want to get more granular, and we want to show the difference between the merging as we're getting more care delivered into a into retirement living," he said.
"So our survey is going to focus very much on that intersection of care into retirement living. And I think it's going to be really important going forward."
The LEADERS SUMMIT 2025 program was curated to lead delegates through the significant challenges and opportunities the sectors faces. DCM has made 23 key presentation videos publicly available to support the sector’s leaders in their strategy development.
They are now available to play on The Weekly SOURCE website here.