The Menzies Center for Health Policy has just released its latest survey on the attitude of the Australians to the funding of ageing. They interviewed 1200 people by phone in the last month and found that 92% of older Australians were prepared to meet their individual costs for care. This supports the Federal Governments intention to charge up to $10,000 a year for home care and $25,000 he is residential care after mid-2014, with a lifetime limit of $60,000.
Opinion
RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
