Before the global financial crisis the government indicated it would increase by $30 a week the pension for the aged, disability support carers and veterans. Each $10 increase (with an increasing aged population) will add $1.3 billion next year and $5.1 billion over four years. The government is now softening the electorate to increasing the single pension only. To compensate this cost they are indicating solo parents will have no increase and the jobless will have greater limitations placed on their eligibility.
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...