New drugs and “consumer-led” approaches to care all have the potential to change how Australia approaches dementia.
This week’s intergenerational report will show the population on track to reach the mark within 40 years,but we will be older and need an army of carers to look after us.
Treasurer Jim Chalmers will use a new report to make the case that pressure on the budget will intensify from 2024 and remain under stress long term.
Retirement village contracts are moving away from giving residents a share of the capital gain on their unit.
If you’re in aged care and on the pension,delaying the sale of your home can affect the amount of money you receive.
Proposed solutions for funding aged care are plagued with issues. But there is one way we could solve the problem.
US private equity firm Bain,which owns Virgin Australia,has reached a deal to acquire one of the largest aged care providers in the country.
Sources close to the government said it was a “no-brainer” for super to be part of the mix for funding aged care as costs climb over the next decade.
Major aged care providers say those with the means should pay more for their care,and warned any new tax must be fair to younger Australians. I agree.
Australians need to ask whether it’s fair that someone in a $10m mansion pays the same for aged care as someone with a modest home in the suburbs.
To expect their less-well-off descendants to fund their continued privilege is,well,a bit rich.