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Surplus budget lacks relief for residential providers

Published

The federal budget contains few surprises for the aged care sector with most measures previously announced and already allocated.

Treasurer Josh Frydenberg announced a $7.1 billion surplus for 2019-20 last night and that “the budget is back in the black and Australia is back on track” but no new substantial measures to provide relief for the residential aged care sector or ensure a sustainable future.

The budget provides $724.8 million over five years from 2018-19 under last year’s 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 (read more here).

Aged care peaks say the budget is a missed opportunity to address the urgent issues in the aged care sector (read more here).

To read the full article, please visit the website.



Source:
Natasha Egan, 2019, Australian Ageing Agenda (https://www.australianageingagenda.com.au/about/)

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