The federal government has announced its CPI indexation at a 1.7% increase, with ACSA CEO, Greg Mundy, incredulous. He says it is not possible to understand how the government could take pride in it when the CPI increase alone was 2.9% for the March quarter. In particular he said the 1.7% will do nothing to stop the erosion of community care hours or help pay competitive wages for valued staff, with competition for staff only getting worse in aged care. He said far from a funding boost, 1.2% is a funding blow. (See end story for one outcome).
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...