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Where does that person go? A blunt lesson from New Zealand

New Zealand is the canary in the coal mine. Decades of Government aged care underfunding is seeing old-style aged care beds closing with capacity slack being filled by the retirement village sector. But now village operators are withdrawing from loss-making residential care services, asking the question, where does that person with low means go? Australia take note. We now invest just $1.8 billio...

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