Article 57S35 Millions for aged care investors, but homes lack nurses: where does $13bn in federal funding go?

Millions for aged care investors, but homes lack nurses: where does $13bn in federal funding go?

by
Ben Butler and Melissa Davey
from on (#57S35)

As Covid-19 wreaks havoc in aged care homes, demands are growing for providers to reveal how they use taxpayer dollars

Pressure is mounting on the aged care sector and federal government to reveal how some $13bn in taxpayer funding, along with millions in new funding for Covid-19, is being spent to benefit residents.

Guardian Australia analysis of the 10 aged care homes worst affected by coronavirus in Victoria shows that three are controlled by two large companies, which between them received more than $1.45bn in government funding over the past two years and paid out dividends to their shareholders totalling $77m.

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