Published 11th April 2019
Aged care peaks welcome the initiatives announced in last night’s federal budget but say it is a missed opportunity to address the urgent issues in the aged care sector.
The budget handed down by Treasurer Josh Frydenberg provided some positive initiatives for residential aged care but predominantly focused on tax cuts and a bigger surplus that has left provider peak bodies “disappointed”.
The aged care budget provides $724.8 million over five years from 2018-19 under the More Choices for a Longer Life initiative, however about half of this funding is for the current financial year and for measures announced in February.
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Source:Sandy Cheu, 2019, Australian Ageing Agenda (https://www.australianageingagenda.com.au/about/)
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