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Fee increase for retirees to cover extra $3.8b in aged care wages

Phillip Coorey
Phillip CooreyPolitical editor

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The government will spend another $3.8 billion on aged care sector wages over the next four years, taking the total cost of the pay increase awarded last year to almost $18 billion.

This $3.8 billion will partly be recouped through the fee increases for part-pensioners and self-funded retirees that were announced last week as part of the funding reforms agreed to by the government and opposition.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/politics/federal/fee-increase-for-retirees-to-cover-extra-3-8b-in-aged-care-wages-20240916-p5kasp