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Commencing in 26 months (July 2014), the government is stripping $320M a year out of high care bricks and mortar to give ageing Australians the choice to have care delivered into their homes.The $320M is largely coming from attacking ACFI ‘rorts’ in high care facilities.
As reported over the past two weeks, the creation of LEADING AGED SERVICES Australia (LASA) as an alternative peak body to ACSA has placed a problem on the ageing sector’s table. Talk in the sector is: where to from here?
Since 2006 two unrelated sons of former residents of Urimbirra Retirement Village (Hervey Bay) have been demanding the operator, Millie Phillips’ Milstern Retirement Living, to pay them the value of their late parents’ ILU’s.
Funding entry to aged care up in the air again – village and care operators in the dark. Australian Pension Bonds have hit a wall it seems. The government feed to the media on its view of bonds and the recommendatios in the Productivity Report is set out in the Fairfax press:
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