Insurance fees for aged care directors and officers have almost doubled, due to potential big fines and jail time for breaching the Albanese government’s proposed tougher laws for the sector.
Aged care providers, their advisers and the federal opposition are also warning big new fines for workers and executives for breaching compliance laws could deter people working in the understaffed sector.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
