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16 Jun 2025

Aged care and disability services provider Annecto announces closure, impacting 3,000 clients

After 70 years of operations across Victoria, New South Wales, Queensland and the Australian Capital Territory, the provider has revealed it will cease operations in July 2025.

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Residential aged care profitability up – but risks loom as care minute compliance tightens

The Government’s Quarterly Financial Snapshot for the December 2024 quarter showed improved profitability for residential aged care providers, but future earnings are likely to be eroded as providers move towards compliance with care minute targets.

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Sector Moves & People

Hall & Prior CEO Graeme Prior recognised with AM honour

Graeme Prior, CEO of the growing Perth-based aged care provider Hall & Prior, has been made a Member of the Order of Australia for his significant services to the aged care sector and Alzheimer’s research.

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Government data shows shrinking home care margins

Home care operator EBITDA margins fell to 7.1% as of 31 December 2024, down from 8.1% the previous year, according to the Government’s December 2025-26 Quarterly Financial Snapshot.

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“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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Development

$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors

The South Australian Not For Profit provider has opened Stage 2 of the redevelopment of Resthaven Bellevue Heights in Mitcham, 7km south of Adelaide’s CBD.

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Government Policy

NSW elective surgery wait times hit worst levels since COVID-19

There were 100,678 patients on the waiting list for elective surgery in NSW public hospitals at the end of March 2025, up 7.3% on the same time last year, and just 346 patients short of the 101,024 peak recorded at the height of the COVID-19...

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Government Policy

SA Govt pledges $60M for aged care as nearly 350 hospital patients wait for placements

The SA Government has allocated nearly $60M to aged care initiatives in last week’s Budget, including $42.9M over four years, with the Federal Government, to support long stay hospital patients, including a Geriatric Outreach Service and Patient Support Initiative.

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“We do”: HammondCare commits to caring for those with complex care needs

The Christian charity has launched a bold national campaign committing to supporting the increasingly complex care needs of older Australians, such as chronic health conditions, increasing rates of dementia, and palliative care.

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UnitingCare Queensland’s BlueCare to cut 100 home care jobs

The health and community arm of the Uniting Church of Queensland has confirmed home care jobs will be cut as the retirement living, home care, and residential aged care provider prepares for the new Aged Care Act. More than 100 staff will reportedly...

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Independent politicians unite: release minimum 20,000 Home Care Packages after broken promise

10 Independent MPs and Senators have written an open letter to Health and Ageing Minister Mark Butler and Aged Care and Seniors Minister Sam Rae, calling for the immediate release of 20,000 Home Care Packages. The plea follows last week’s announcement that the Government will delay the rollout of 83,000 Packages by four months.

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“Don’t take the foot off the pedal”: aged care leaders respond to reform delay

Tom Symondson CEO Ageing Australia, Charles Moore CEO BaptistCare, and Russell Bricknell CEO Juniper reflect on the Government’s decision to delay implementation of the new Aged Care Act by four months.

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