Rod Young is warning the aged care sector that the Federal government focus on bringing in a surplus budget is highly likely to stall the implementation of the Productivity Commission. He states the National Disability Insurance Scheme is more likely to get the limited funding. This will mean the sector will be put back at least one year and possibly two given next year is an election year, when a balanced budget will also be vital for Labor.
Opinion
RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
