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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Aged care workers could see 28% pay boost, indirect care workers left behind
The Fair Work Commission (FWC) finalised its decision on Stage 3 of the Aged Care Work Value Case, rewarding direct care workers with pay rises of up to 28% while only committing to a maximum 7% increase for indirect care workers.
Superannuation boost: Govt-funded parental leave to attract super from 2025
Women working in aged care – and all industries – have received a welcomed boost to their financial security after the Federal Government announced that superannuation will be paid on the Commonwealth Parental Leave Pay scheme.
Tax tips to help small business owners stay organised
It’s never too early to consider how you’re managing your tax as a small business owner, and hello leaders spoke to an expert from H&R Block for their top tips to keep you organised.
Opinion: Time to shift the conversation
For too long, we have been advocating for a sustainable funding model for older Australians. With the impending release of the recommendations from the Aged Care Taskforce, it is time for the narrative to shift.
StewartBrown reports a positive financial turnaround amid ongoing challenges
Has the aged care sector finally turned the corner regarding financial viability? The latest findings from Stewart Brown suggest there is a mixed bag of results and while the outlook looks good, it’s still full of a few twists for 2024.
Royal Freemasons transfers two homes to Respect as its aged care footprint shrinks
Respect continues to expand its reach within the aged care community, taking over the ownership of two regional homes previously operated by Royal Freemasons in Victoria.
Wealthier consumer contributions should be paired with relaxed means-tested caps, aged care leaders say
Increased consumer contributions from wealthier Australians is expected to relieve some of the financial burden on aged care, with industry leaders also calling for the deregulation of daily fees and means-tested price caps.
UARC report reveals varying cost of care delivery impacts financial viability
Financial viability, varying direct care costs and complete Registered Nursing coverage continue to be among the top challenges for aged care providers, according to the UARC’s Australia’s Aged Care Sector Report.
Residential care providers continue to operate at a loss despite marginal growth
The Government’s Quarterly Financial Snapshot shows the aged care sector experienced a positive finish to the 2022-23 financial year with marginal improvements in net losses.
Is the AN-ACC price hike a sustainable solution for providers?
The Government has injected $2 billion into AN-ACC to raise the price, but as Mirus Australia explored in their most webinar, a sustainable strategy is still crucial for providers to make the most of their resources.
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