Aged Care
Aged and Home Care earnings slashed: Australian Unity 1H26
The ASX-listed mutual organisation, also Australia’s largest home care provider, has reported lower earnings across all its businesses. Revenue rose 3.6% from the previous corresponding period (pcp) to $1,130.6 million in 1H FY26, mainly reflecting the acquisition of the mobile allied health service provider Plena Healthcare
New Aged Care Act and Rules upset the “operator of last resort”
An auditor's report and a new submission both highlight the pressures aged care services place on local councils. A nine-page submission by the Australian Local Government Association to the Senate's Review of the Aged Care Rules 2025 and the Aged Care (Consequential and Transitional Provisions) Rules
SATURDAY is for Executives: the new Act is reshaping aged care boardrooms
New statutory duties, rising accountability and greater regulatory scrutiny are transforming what it means to serve on an aged care board – and redefining the role of Chair. Penelope Eden (pictured top), Partner at law firm MinterEllison, says: “It’s a massive shift.” To find out how aged care boards are
Opinion
Budget blitz: Aged care enters its no-money winter
We said it in December – aged care is entering a no-money decade. Now the pre-Budget mood music from the fiscal gatekeepers suggests May will confirm it. The Sydney Morning Herald reported on Wednesday Prime Minister Anthony Albanese has ordered ministers to find “significant savings” ahead of a belt-tightening Budget. Buried
Land lease and village operators take note: regional aged care beds are declining
Duncan McKimm, a regional co-located village and care CEO, presented this graph on his LinkedIn site last week and said the problem is not what you think. The natural conclusion is it that it is not financially viable to build new aged care beds in the regions. He says it
Is this the hardest board seat in Australia?
Being a Chair in aged care is not a prestige role – it’s a risk position. Board directors are facing civil penalties, personal liability, financial fragility, workforce shortages and ongoing political scrutiny. And a regulator that now expects directors to understand clinical risk, financial sustainability and governance detail – simultaneously. This
