December 2024
Bain Capital kicks off dividend recap at aged care biz Estia Health
Sources said the loans are being provided by infrastructure-focused investors including Keppel Infrastructure, Stonepeak and Pacific Equity Partners.
October 2024
Thankfully, living at home until the end looks possible for more Australians
Elderly people will get used to paying for the services they need rather than wondering what they are going to leave the next generation.
September 2024
All your questions about the aged care overhaul answered
The first thing to know is that how aged care is funded remains very complex. We’ll do our best to break it down.
July 2024
Aged care insurance fees jump on threat of fines and jail
Premiums have doubled for some aged care providers and directors, due to potential big fines and jail time for breaching proposed tougher laws.
March 2024
Review points in the right self-reliant age care direction
Credit to the government for not simply ruling out making better-off Australians with healthy superannuation balances contribute more towards the cost of their care.
The wealthy are in the crosshairs for ever-rising aged care costs
Richer Australians will pay more for aged care under a long-awaited government review released this week. Is this the start of a new trend?
Aged care sector ready for funding shift: industry leader
Uniting executive Tracey Burton says providers need more confidence for investment in services and facilities.
November 2023
Aged care taskforce to overhaul at-home cleaning, gardening
The government’s aged care taskforce is poised to recommend retirees living at home contribute more than just the 2 per cent they currently pay for the cost of at-home care services such as cleaning and gardening.
July 2023
Royal commission specialist hops to law firm Maddocks
Street Talk understands the firm has appointed Victorian Government Solicitor’s Office executive Alanna Mitchell as a partner in its commercial practice.
June 2023
‘The Boomers are coming’, aged care minister warns
Boomers have had a pretty good run, and those with the means should pay more for their aged care, the government argues.
May 2023
Dutton signals support for aged care reform
The opposition has given in-principle support to means-testing changes to ensure aged care remains sustainable.
Albanese government floats making people pay more for care
A new consultation paper on how Australians should pay for care has been called a landmark move towards greater user-pays pricing.
April 2023
Chalmers says ‘no’ to $34b for welfare, aged care’s $5b blowout
The government has hosed down demands for big new spending in welfare as it revealed the aged care budget was on track to blow out by nearly $5 billion this year alone.
Sydney aged care centres to shut due to staff shortages
Changes recommended by a royal commission and adopted by the Albanese government require a registered nurse on site 24 hours a day.
February 2023
Productivity Commission opposes boosting unpaid carer’s leave
The Productivity Commission has found longer unpaid carer’s leave will not make a difference to the “carer gap”, dealing a blow to prospects the entitlement could be extended.
January 2023
To make care homes affordable, the house has to go
The Albanese government must recognise that selling the family home is the lesser evil if its aged care ambitions are to be achieved.
November 2022
Bupa boss Hisham El-Ansary to step down
After nearly 15 years with the heath insurance and aged care giant, it was time to move on, says the outgoing CEO.
This CEO found himself in the NT with a billionaire’s son. It didn’t go so well
Estia chief Sean Bilton has gone through the worst of times in the aged-care sector, but is as committed as ever to a business that makes a difference.
August 2022
‘Cultural shift’ needed to improve aged care
The Albanese government chalked up its first legislative win on Tuesday, after a long-delayed $508 million aged care package sailed through parliament.
June 2022
Aged care sector’s pay push delayed as ‘good people leave’
The Fair Work Commission has agreed on a new timetable to consider a pay rise for workers in the industry, as the minister in charge makes it a priority.