The Audit Office has released a report that criticises the lack of controls on the money paid to care operators in the form of bonds which total $8 billion lodged by residents, and growing by 25% each year (or $2 billion p.a.). The average bond is now $190,000. The Government guarantees bonds and has had to pay out $19 million since 2006, thanks to the collapse of three aged care facilities. The Minister for Ageing, Justine Elliot, will be responsible fro responding to the Audit Report.
Government Policy
The three aged care bombshells from Senate Estimates
Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.
