Funding for the future: the aged care conundrum

The aged care sector is undergoing significant changes due to regulatory reform, market shifts and competition for the labour and capital required to sustain it.
Aged care faces $72B funding gap to meet demand

A new report by Grant Thornton underscores the need for a $72 billion investment in the aged care sector over the next seven years to
We need a new way to pay for aged care. But it can’t shut out those on low incomes

Aged-care funding is again on the agenda, with the latest Intergenerational Report predicting Australia’s aged population will triple over the next 40 years. As a
Our older population will triple in 40 years. But a social insurance model won’t fix the aged care funding crisis

Preliminary data from the 2023 Intergenerational Report shows Australia’s population aged 85 and over is set to more than triple over the next 40 years.
