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CommBank reveals that equity required to build new aged care beds has jumped 300-600%

The business case for building new aged care beds is increasingly out of reach for most operators. Banks and boards see the increased construction costs and interest rates as major barriers to funding new projects. Increased revenue per bed is the best hope for new construction to match growing demand. The Aged Care Taskforce recommendations and Plan B co-contribution is the only solution. At our...

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