With a wide range of financial requirements and constraints, aged care providers always need to be up-to-date with relevant information. We’re here to help keep you abreast of Government changes, workforce tips and expert insights so you can deliver the best possible care outcomes and staff experiences.
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Care minutes shock: Gov announces reduced funding for target failure
The government is pleased to have found over $5 billion in savings from the aged care sector, and more could come thanks to a very Grinch-like announcement on Wednesday night.
Gov announces changes to Support at Home pricing arrangements
Christmas has come early for home care providers after the government surprised the sector by announcing that price caps on services in the new Support at Home program will be staged.
Money trail: New Gov report details aged care spending and growth
The latest report on the operation of the Aged Care Act has been released with the annual document detailing how the government spent its $35.7 billion over 2023-24.
Payments for sexual abuse survivors won’t impact aged care fees
Social Services Minister Amanda Rishworth has confirmed that aged care participants receiving payments through the National Redress Scheme for people who have experienced institutional child sexual abuse will not have to pay more for their aged care services.
Regional providers fear the cost of aged care reform could be too high
Regional aged care providers in South Australia have expressed their fears over implementing aged care reform changes, with recruitment, training and IT infrastructure all looming as damaging costs.
Accounting peak bodies label aged care funding “too complex”
A joint submission to parliament from some of Australia’s most influential finance and accounting peak bodies has labelled the new Aged Care Act’s proposed funding arrangements “too complex” and incompatible with other Government policy areas.
Sector profitability holds steady as labour expenses keep growing
The percentage of profitable residential care providers increased considerably during the first three months of 2024, with the Government’s latest Quarterly Financial Snapshot showcasing positive performance in both residential and home care sectors.
The devil is in the details: AN-ACC funding changes and complexities
Major changes to AN-ACC funding present a much-needed victory for certain pockets of the aged care sector. Regional and rural providers should be especially excited over funding boosts after being lumped together with metropolitan providers in some scenarios.
Government reveals AN-ACC changes to fund higher staff wages
The Government has announced it will invest an additional $3.8 billion over four years to fund the next round of aged care pay rises, revealing key changes to AN-ACC prices starting next month.
Financial reporting requirements cause fatigue in aged care
Reporting fatigue is one of the top concerns among aged care providers with a recently released Questions and Answers document highlighting a spate of challenges caused by financial reporting.
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