The National Seniors Productive Ageing Centre (NSPAC) has commissioned a new study from Access Economics which has found an industry weakening under staffing and bed shortages and unable to meet the future demands of an ageing population. NSPAC was established by National Seniors Australia and the Department of Health and Ageing.
The report, The Future of Aged Care in Australia also calls for policy makers to implement viable funding alternatives with escalating costs making the sector unsustainable.


Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
