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.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...