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Funding the care elderly Australians deserve
Older people deserve full, enriching lives, and the people who care for them need proper staffing and recognition
But how are we going to fund these improvements?
In this report we review the challenges confronting residential aged care in Australia, including the low quality of care afforded by the current system and challenges confronting the aged care workforce.
We explore a range of responses recommended by the Royal Commission, including lifting quality standards through greater transparency, increased funding, a new pricing model and addressing the inadequate pay of the hard-working aged care workforce. Drawing on original research and modelling, we forecast the additional cost of such a system and provide a number of options to fund additional expenditure.
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