Topic - Developments

The key drivers to ensure you are a ‘match fit’ provider

Apr 21 2022 Updated May 16, 2023

The Weekly Source

1 min read

Navigating change at speed

The profile of a winning aged care provider – strategy; governance and good leadership; structure with a top-down, bottom-up approach; systems that support and connect to models of care and care governance; skills; knowledge and staff competency; and culture and capability.

The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

The Federal Government is seeking to set minimum liquidity requirements for residential aged care providers for the first time – dangerous territory for a sector that has finally reached a level of financial and regulatory certainty. Previously...

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Lauren Broomham

20 Feb 2025

Opinion

1,250 net new aged care beds in 2024: why PEP’s billion-dollar Opal HealthCare deal is ‘rolled gold’

The private equity firm’s agreement to take a 50% stake in Australia’s largest private residential aged care operator is confirmation that the sector is again headed for boom time as demand increasingly exceeds supply. As we report this week...

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Lauren Broomham

13 Feb 2025

Government Policy

New minimum liquidity ratios for aged care revealed

The new Aged Care Quality and Safety Commissioner, Liz Hefren-Webb, hosted a webinar on Tuesday outlining the New Financial and Prudential Standards, which remain open for consultation but due to take effect from 1 July 2025.

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Caroline Egan

20 Feb 2025

Mergers & Acquisitions

Final hurdle: Pacific Equity Partners to buy AMP Capital’s stake in Opal HealthCare

Australasia’s oldest and largest private equity firm has reached an agreement to buy AMP Capital’s “up to 50% stake” in Opal HealthCare, Australia’s largest private aged care operator, with 133 aged care homes across NSW, Victoria, QLD, WA, and SA.

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Caroline Egan

13 Feb 2025

The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

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Home care still seen as viable business despite labour costs rising

Margins fell to 7.1% in Q1 2024-25 due to an 11% increase in expenses as claim days and package utilisation increased pushing labour costs higher.

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“Holistic” solution needed for aged care workforce crisis: Anglicare CEO Simon Miller on his political wishlist

In our latest instalment outlining aged care CEO’s ‘political wishlists’ as we head into the federal election, Simon said, “The heart of aged care is its workforce but too often, barriers like housing costs, limited transport options, and other pressures push them away.“

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Ageing Australia’s Pre-Budget submission wants new workforce strategy

In its Pre-Budget Submission 25-26, Australia’s peak body for aged care providers is calling on the Government to fund a National Aged Care Workforce Strategy to undertake data collection, establish an Aged Care Worker Attraction Fund, and improving access to migrant workers.

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Caroline Egan

20 Feb 2025