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Locked out: are new liquidity standards quietly managing some aged care providers out of the sector?

The aged care sector has just been handed one of the most consequential regulatory decisions in recent years – and for a small number of providers, it could spell the beginning of the end. On 3 July, the Aged Care Quality and Safety Commission (ACQSC) confirmed it will not revise its proposed liquidity standards, locking in tougher financial thresholds for residential aged care providers from 1...

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