In Government we have the 12th Minister for Ageing in 14 years, Mark Butler (replacing Justine Elliott). He is reported to have given new life into the sectors relationship with the Department.
For once the industry is excited by Government through the Productivity Commissions inquiry; a lot of long time industry insiders are getting ready to celebrate a new era of Australian aged care.
At the same time the major care providers are still holding back in investing in bricks and mortar, all stating that it is a licence to lose money at the moment. Desperate shortages are predicted in beds within 2 years still in the current Government term.
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...