The recently released Federal Government's Intergenerational Report highlights that today there are five people of working age to support each person aged over 65, but by 2047 there will only be 2.4 people of working age to support each person over 65. And will those 2.4 people want to work with the elderly as carers?
AN-ACC class reweighting leaves AdventCare $192K short of budget
David Reece, CEO of Not For Profit AdventCare, which operates two aged care homes in Victoria, said overall the AN-ACC changes announced last Friday afternoon will leave them $50,000 short of budgeted income this year.