Both ACSA and the Retirement Living Council were ready when the Productivity Commission reported on the ageing population last week.
ACSA had planned and staged a meeting last Monday in Melbourne of approximately 50 ACSA members to shape policy recommendations to present to government. The 2012 ACSA Policy Forum had identified three key areas:
financial viability and sustainability of the sector
rural and remote aged services
delivery home-care services
ACSA CEO, Adj Prof John Kelly AM, says its all about the sustainability of the aged care sector - workforce, funding flexibility and capital raising. ACSA also joined with LASA and Catholic Health Australia to say the government should use the industry knowledge to develop a pragmatic action plan with clear deliverables and appropriate funding.
Mary Wood, Executive Director of the Retirement Living Council, receive media coverage for her message to government that unlocking the wealth in the home to spend on age appropriate housing and services had significant merit.
She is meeting this week with staff in the Department of Social Security responsible for ageing, promoting the importance of the importance of the July 2014 program which allows eligible senior Australians to sell their house and put up to $200,000 in a special account without it affecting their pension. She is also promoting policy innovation in downsizing.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...