The Aged Care Taskforce’s recommendations in its Final Report to Government could reshape the future of retirement living in Australia by requiring older Australians to pay more for their care, which will also force them to think whether they want to receive that care in an aged care home or their own home.

In five years’ time, retirement villages could truly be the new ‘low care’ option for older Australians if the Government delivers on Plan B, or increased consumer contributions for aged care accommodation and daily living services.

Historically, retirement living has been a property play – not a ‘care’ pla