70% of Australian aged care providers are concerned about rising costs and financial losses as the country prepares for its aging population.

A survey by the Aged and Community Care Providers Association reveals that 70% of Australian aged care providers are concerned about the country's preparedness for its aging population. Key issues include rising costs, with 97% expressing worry, and financial losses reported by half of residential providers. The government's $4.3 billion support-at-home scheme, starting in July 2025, aims to assist 1.4 million Australians. Workforce shortages remain a significant challenge.

October 16, 2024
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