Article 60EH7 Cost of Australia’s aged care system to taxpayers could double, experts warn

Cost of Australia’s aged care system to taxpayers could double, experts warn

by
Christopher Knaus
from World news | The Guardian on (#60EH7)

More government funding and better service delivery needed amid unsustainable financial losses and a workforce crisis, report says

Australia's aged care system is fast becoming unsustainable due to financial losses faced by aged care providers, the worsening workforce crisis and an ageing population that will double the cost to taxpayers within 40 years, a new report warns.

The University of Technology Sydney's Ageing Research Collaborative (UARC) on Thursday published a new paper on the aged care system, detailing compounding pressures which, unless resolved, will undermine access to safe and quality care for older Australians.

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