Royal Commission report uncovers lack of financial transparency over use of aged care funding

An independent report commissioned by the Royal Commission into Aged Care Quality and Safety examining the financial state of Australia’s aged care sector has uncovered a lack of financial transparency when it comes to how providers spend government and user funds. The Royal Commission engaged international consulting firm BDO to undertake the report, which analysed […]

Extra funding for aged care

Australia’s aged care sector will receive an additional $563.3 million in funding to boost its response to the COVID-19 pandemic. Announced yesterday by the federal government, the funding builds on the $205 million COVID-19 Support Payment provided to all residential aged care providers back in June, injecting a further $245 million into nursing homes. The […]

Australian nursing homes would need an extra $621m a year to achieve highest quality

Small-sized state government-run nursing homes provide the best quality, according to ground-breaking new research released by the Royal Commission into Aged Care Quality and Safety today. Conducted by the University of Queensland, the research found it would cost an additional $621 million each year to make improvements so all of Australia’s aged care homes reach […]