Funding

More sleepless nights: nearly 2,800 hospital patients waiting for aged care

State Premiers warned last month there were about 2,500 older patients in public hospitals awaiting an aged-care placement. Today, that figure is closer to 2,800 – a 12% jump in a month – tightening the squeeze on already stretched acute beds.

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Caroline Egan

30 Oct 2025

Government Policy

Government considering low-cost funding to help aged care operators build: Sam Rae

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Caroline Egan

30 Oct 2025

Funding

Scape reportedly out of race for Keyton stake as Aware blocks bid

Scape Australia is understood to be out of contention to buy Lendlease’s 25.1% stake in Keyton, with majority shareholder Aware Super (49.9%) reportedly blocking a deal despite Scape offering the highest price, according to The Australian.

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Ian Horswill

20 Oct 2025

Funding

21 aged care homes’ worth of hospital patients stuck waiting for discharge

As Premiers and Health Ministers battle Canberra over hospital funding, a new report has revealed a key reason costs are surging: thousands of older Australians remain stranded in hospital beds because there’s nowhere else for them to go.

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Caroline Egan

08 Oct 2025

Aged Care

Govt forecasts 4,000 new beds for 2026-27 but will AN-ACC funding drive new builds?

The Federal Government is forecasting 4,000 new residential aged care beds to come online in 2026-27, but questions remain whether the sector can keep pace with demand as Australia’s over-85 population surges. A spokesperson for the Department of...

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Lauren Broomham

25 Sep 2025

Government Policy

StewartBrown: factor care margins into AN-ACC funding

StewartBrown’s latest analysis of the AN-ACC funding decision has delivered a clear warning: the increase is too low to cover ordinary cost rises and wages, with direct care margins expected to fall further. Historically, those care margins have been used to cross-subsidise losses in accommodation and hotel services. With that buffer narrowing, StewartBrown argues the time has come for the sector to push for margins to be explicitly factored into care funding.

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Caroline Egan

24 Sep 2025

Sector Moves & People

Vale Rupert Smoker, Founder and CEO of Evolution Trustees

Aspen Group has announced the “sudden and unexpected passing” of Rupert Smoker, Founder, Managing Director and CEO of Evolution Trustees, on Thursday 18 September.

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Ian Horswill

22 Sep 2025

Housing News

Uniting NSW.ACT secures $1.75M grant for social housing energy upgrades

Uniting NSW.ACT has received $1.75 million from the Australian and NSW Governments to deliver energy-efficient upgrades – including hot water heat pumps, reverse-cycle air conditioners and solar panels – across 300 of its community housing units.

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Ian Horswill

18 Aug 2025

Government Policy

18,650 social and affordable homes funded as 370 homes repurposed

The Australian Government’s flagship Housing Australia Future Fund (HAFF) has agreed to fund 9,284 social and 9,366 affordable homes through 279 successful projects under the first two funding rounds of the HAFF and National Housing Accord Facility...

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Ian Horswill

04 Jul 2025

Funding

Aspen Group aimed to raise $4M – but could have taken $18M

The ASX-listed affordable accommodation provider, which has 10 active projects, announced a Security Purchase Plan (SPP) on Wednesday, 28 May, offering existing investors the opportunity to acquire up to $30,000 in Aspen Group securities without...

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Ian Horswill

16 Jun 2025

Funding

Land lease operator GemLife’s IPO to surpass Virgin Australia, with 3 July listing confirmed

Adrian Puljich, his father Peter and Singapore diversified company Thakral Corporation opened talks on the possibilility of becoming a publicly listed business in April. A prospectus for the float will be lodged with the Australian Securities and...

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Ian Horswill

16 Jun 2025

Aged Care

“Burdensome and underfunded”: aged care sector tells IHACPA what they think of AN-ACC cost collection

The Independent Health and Aged Care Pricing Authority (IHACPA) has released a 46-page report outlining the feedback received from the sector in the latest round of consultations on their pricing methodology. IHACPA received submissions from...

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Caroline Egan

12 Jun 2025

Funding

Aspen Group raises $70M, launches bid for additional $4M in capital raise

The ASX-listed affordable accommodation provider – known for owning all its properties and projects – announced a Security Purchase Plan (SPP) on Wednesday (28 May), offering existing investors the opportunity to acquire up to $30,000 in Aspen securities without incurring broker fees, commissions, or other transaction costs.

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Ian Horswill

30 May 2025