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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 still financially unviable to embark on wider building projects. Sector CFOs say there needs to be further reform of aged care funding to ensure...

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