Australian government unveils $4.3B plan to boost aged care, addressing retirees' financial worries.

Most older Australians are financially unprepared for aged care, with seven in ten retirees worried about costs and a third concerned about the impact on their children. The government plans to introduce 107,000 home care packages over two years, investing $4.3 billion in a new home care system called "Support at Home." Sweeping reforms to aged care are also underway to improve conditions and support longer home living.

November 24, 2024
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