SATURDAY Issue 85

Opinion: Government’s aged care reforms are an evolution – not a revolution – for an ageing Australia

The Government has opened the door to Plan B – now it’s up to aged care and retirement living operators to strategise how they will market their services into the future. The Government’s response to the Aged Care Taskforce’s recommendations...

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The path to Plan B and the Aged Care Taskforce: a look back at the timeline

Two-and-a-half years in the making, the journey to increased consumer contributions has been long – but still quicker than originally forecast. When DCM Group launched Plan B in February 2022, we were told that increased consumer contributions...

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Do the Government’s aged care reforms pass the pub test?

Six months after the Aged Care Taskforce handed its 23 recommendations to reform the funding of aged care, the Government has finally revealed its response as well as the new Aged Care Act. The verdict? With the support of the Opposition, the...

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Rolled gold or bust: operators weigh the risk – and reward – of building aged care beds

The Government’s response to the Aged Care Taskforce – and the new funding that will flow from increased consumer contributions is encouraging some operators to re-examine the business case for new beds. Even our largest operators say it is...

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To build or not to build? This man says yes and now

As operators weigh up whether to embark on new developments, this industry expert says operators should lower their return expectations now and put beds on the ground in return for a bigger pay day later. With StewartBrown reporting residential aged...

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The devil is in the detail: home care operators caught off guard by 10% care management cap

The jury is still out on the Government’s announcements around the new Support at Home program will be a hit or a miss after the Government revealed it would cap the cost of care management for care recipients at 10%. Home care operators are...

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Where would you rather be? Retirement villages the winner in shift to home care

The new Aged Care Act is a blueprint for care in retirement villages and operators and residents stand to be the winners. The Retirement Living Council (RLC)’s gamble on ‘Shared Care’ has paid off in the new Aged Care Act but there are some...

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Does Australia need a ‘Health and Aged Care Workforce Taskforce’?

Hospitals are poaching new aged care recruits while workforce shortages are holding back the development of new beds. Is there a solution? With the response to the Aged Care Taskforce finally revealed in the new Aged Care Bill, operators and experts...

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Executive Spotlight

Over 3,000 operators provide retirement living, aged care and support in the home to more than 1.5 million older Australians. 360,000 staff and 100,000 suppliers are engaged every day. It’s a $30 billion a year sector delivering vital services for...

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Lauren Broomham

27 Sep 2024