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Lauren
Broomham

Proposed liquidity requirements likely to increase cost of capital and threaten new builds, warns StewartBrown

Residential aged care operators would need to retain more than double the amount of liquid assets that they already hold under the proposed new Financial and Prudential Standards – according to new modelling released by the aged care accountants this afternoon (Friday 14 March).

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Private versus Not For Profit: which has the smallest gender gap?

Meet the Top 10 largest aged care operators with the smallest gender pay gaps – and most are led by men. Half of Australia’s largest aged care providers with the lowest gender pay gaps are For Profit operators – and eight of the 10 are led by...

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Opinion: aged care is a $30B industry. Why isn’t it treated like it?

New data from the Workplace Gender Equality Agency (WGEA) has underlined the size and scale of the sector. Yet, operators are rarely afforded a say in Government policy about their future. Is it time for the sector to make its own destiny? Poring...

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Clinical care or bust? The hard choice facing home care providers

80% of home care services are non-clinical – but Support at Home will see Government cash re-directed towards nursing care and allied health. Are your services and workforce ready for this seismic shift? The new Support at Home Program is...

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The $56K wage difference: the benefits of scale

With labour the biggest expense for residential aged care operators, newly released 2023-24 data from the Workplace Gender Equality Agency (WGEA) indicates that when it comes to saving on wage costs, bigger is better. Smaller residential aged care...

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Top 25 largest residential aged care operators’ pay revealed

New data from the Workplace Gender Equality Agency (WGEA) has revealed what the country’s largest employers are paying their staff – including their remuneration by pay quartile. How much do our major residential aged care providers pay to their...

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Top 20 largest home care operators’ pay revealed

How much is paid by who, and is it balanced across genders? The Workplace Gender Equality Agency (WGEA) has published the latest gender pay gaps for over 7,800 employers and 1,700 corporate groups – including their total average remuneration and...

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Largest retirement village operators’ pay revealed

The Workplace Gender Equality Agency (WGEA) has published its latest set of Australian private sector employer gender gaps – releasing for the first time each employers’ average remuneration by pay quartile. So, how do Australia’s biggest...

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The regional aged care operator paying $25K above the average for staff

Not For Profit Warrigal is now seeing thousands more visits to its careers website every month – but the challenge of finding enough nurses, particularly in regional areas, continues to plague operators and their bottom lines. Aged care providers...

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Why $17.7 billion in wage rises won’t ‘sandbag’ against aged care demand

The Federal Government has now committed a huge $17.7 billion to pay increases for aged care workers and nurses. The sector has a close to zero per cent gender pay gap according to the Workplace Gender Equality Agency (WGEA). But this won’t be enough...

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Issue 94 - Lou Pascuzzi - Chief Executive Officer & Managing Director, TLC Healthcare

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Lauren Broomham

11 hours ago

Opinion

$93M tied up: proposed liquidity ratios a “handbrake” on aged care and village development

David Moran, CEO Southern Cross Care (SA, NT & Vic), says the proposed standards could add years to new developments.

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Lauren Broomham

13 Mar 2025

News & Headlines

How much do retirement village and aged care operators pay? Now you can find out

The Workplace Gender Equality Agency (WGEA) has published its latest set of Australian private sector employer gender gaps revealing for the first time each employers’ average remuneration, including a breakdown from frontline to senior leadership...

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Lauren Broomham

10 Mar 2025