The Australian Nursing Federation has commenced lobbying for a ratio of one registered nurse for every seven aged care residents, which could substantially change the economics of care provision. The union states there are cases where there is only one nurse for every 30 patients. Current nurse wages are approximately 30% lower in aged care to general hospitals making this 1:7 ratio currently unlikely.
Government Policy
“Not investable”: StewartBrown warns on aged care bed shortfall
StewartBrown’s March quarter 2024-25 Aged Care Financial Performance Survey has highlighted the looming shortage of aged care beds over the next 10 to 15 years, reinforcing the urgent need for sustained capital investment to meet growing demand...