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4,000 aged care beds being built – 80,000 required

The development and construction of new aged care beds is drying up – leaving larger operators with big balance sheets to corner the market but creating the potential for a severe undersupply within years. WORDS BY LAUREN BROOMHAM

The last 12 months has seen a continued slowdown in new residential care developments – and older Australians and their families are likely to bear the brunt.

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