'Aged Care Funding Increase Expected in Budget: Is 'a decade of inadequate funding' almost over?

As our population ages, the demand for aged care services is growing. This presents great challenges and opportunities for governments, healthcare providers, and the wider community.

One of the foremost concerns is how to ensure ageing Australians can receive the support and care they need - which may be a particular concern for those who are already struggling financially.



The cost of aged care is soaring, and 2023's budget announced on May 9th reflected this.
It revealed that this sector was now the fifth-largest area of Australian government expenditure, rising to a shocking $29.6bn from the 2020-21 figure of $24.8bn.

That number is estimated to grow to $35.8bn by 2025-26.


mature-female-elderly-care-facility-260nw-1490797229.jpg copy.png
Aged care expenses on the budget will rise by 23 per cent in the fiscal year 2022–2023. Credit: Shutterstock.



This is largely attributed to our ageing population, with the number of aged care recipients increasing by 3.5 per cent from 2020 to 2021, bringing the total number up to 1.5 million.

That figure is expected to increase by another two per cent by 2032.

The increasing expenses have put a lot of pressure on our Federal Budget. But the Albanese government have made clear its intentions to improve the aged care sector after the Royal Commission discovered that it had significant problems like poor care and abuse.



Aged Care Minister Anika Wells stated that the decision to increase funding is part of the Albanese government's effort to ‘restore dignity’ to the aged care sector, which has suffered from years of underfunding.

She remarked: ‘However, properly funding our aged care sector comes at a price – with costs to increase in the budget by 23 per cent in the 2022-2023 financial year.’

‘Aged care has been plagued by a decade of inadequate funding which, in addition to the impact of the pandemic, has led to compounded cost pressures.’



According to Treasurer Jim Chalmers, Australians should prepare for a budget that has been constrained by increasing expenses.

He explained: ‘Whether it’s the interest cost on a trillion dollars of Liberal debt, the NDIS, aged care, health care or the rising cost of national security, the budget is under pressure from every angle.’

‘Within the considerable constraints we’re facing on the budget right now, we’ll do what we can to help Australians, and we’ll do it in a targeted, methodical, responsible and affordable way.’

‘The Albanese government is ambitious for aged care and determined to reform the sector for long-term success and sustainability.’



The admission that aged care was causing significant budgetary pressure coincides with the closure of several homes nationwide due to their inability to meet new government regulations.

Specifically, three facilities in Sydney and three in Perth will shut down before July 1 for failing to meet the requirement of having a registered nurse on-site around the clock.

Meanwhile, on Monday, Prime Minister Anthony Albanese declared that he had high aspirations for aged care and would not apologise for them.



Pensioners who are finding it hard to make ends meet welcome the additional funding for aged care. Additionally, it is worth noting that a lack of funding has resulted in aged-care providers abandoning regional communities.

Suppose you’re a senior who relies on aged care services or is preparing for your future living arrangements. In that case, it’s important to be aware of the available funding for you and create a financial plan to ensure you can afford the care you need.

Seek advice from financial professionals and stay informed about government policies to ensure you’re prepared for future changes to aged care costs.

What are your thoughts on this? Do you think it’s high time for the government to increase funding for aged care?
 
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The problem as I see it, is lack of staff. My provider lost 76 staff members last year. Where are they going to get that number from to replace them. As for the governments mandate of the number of RN's to patients by July, how many homes will be able to do this. No wonder homes and aged care providers are struggling across the board. There is no magic fix as I can see it.:cry:
 
As our population ages, the demand for aged care services is growing. This presents great challenges and opportunities for governments, healthcare providers, and the wider community.

One of the foremost concerns is how to ensure ageing Australians can receive the support and care they need - which may be a particular concern for those who are already struggling financially.



The cost of aged care is soaring, and 2023's budget announced on May 9th reflected this.
It revealed that this sector was now the fifth-largest area of Australian government expenditure, rising to a shocking $29.6bn from the 2020-21 figure of $24.8bn.

That number is estimated to grow to $35.8bn by 2025-26.


View attachment 17743
Aged care expenses on the budget will rise by 23 per cent in the fiscal year 2022–2023. Credit: Shutterstock.



This is largely attributed to our ageing population, with the number of aged care recipients increasing by 3.5 per cent from 2020 to 2021, bringing the total number up to 1.5 million.

That figure is expected to increase by another two per cent by 2032.

The increasing expenses have put a lot of pressure on our Federal Budget. But the Albanese government have made clear its intentions to improve the aged care sector after the Royal Commission discovered that it had significant problems like poor care and abuse.



Aged Care Minister Anika Wells stated that the decision to increase funding is part of the Albanese government's effort to ‘restore dignity’ to the aged care sector, which has suffered from years of underfunding.

She remarked: ‘However, properly funding our aged care sector comes at a price – with costs to increase in the budget by 23 per cent in the 2022-2023 financial year.’

‘Aged care has been plagued by a decade of inadequate funding which, in addition to the impact of the pandemic, has led to compounded cost pressures.’



According to Treasurer Jim Chalmers, Australians should prepare for a budget that has been constrained by increasing expenses.

He explained: ‘Whether it’s the interest cost on a trillion dollars of Liberal debt, the NDIS, aged care, health care or the rising cost of national security, the budget is under pressure from every angle.’

‘Within the considerable constraints we’re facing on the budget right now, we’ll do what we can to help Australians, and we’ll do it in a targeted, methodical, responsible and affordable way.’

‘The Albanese government is ambitious for aged care and determined to reform the sector for long-term success and sustainability.’



The admission that aged care was causing significant budgetary pressure coincides with the closure of several homes nationwide due to their inability to meet new government regulations.

Specifically, three facilities in Sydney and three in Perth will shut down before July 1 for failing to meet the requirement of having a registered nurse on-site around the clock.

Meanwhile, on Monday, Prime Minister Anthony Albanese declared that he had high aspirations for aged care and would not apologise for them.



Pensioners who are finding it hard to make ends meet welcome the additional funding for aged care. Additionally, it is worth noting that a lack of funding has resulted in aged-care providers abandoning regional communities.

Suppose you’re a senior who relies on aged care services or is preparing for your future living arrangements. In that case, it’s important to be aware of the available funding for you and create a financial plan to ensure you can afford the care you need.

Seek advice from financial professionals and stay informed about government policies to ensure you’re prepared for future changes to aged care costs.

What are your thoughts on this? Do you think it’s high time for the government to increase funding for aged care?
The aged, of which I'm one, is one of the higher groups within our population, yet are considered less worthy of support than one of the smallest groups, the Aboriginals, The aged have made huge contributions to the good of the country, let's be frank, really what contribution have the smallest group made?
 
As our population ages, the demand for aged care services is growing. This presents great challenges and opportunities for governments, healthcare providers, and the wider community.

One of the foremost concerns is how to ensure ageing Australians can receive the support and care they need - which may be a particular concern for those who are already struggling financially.



The cost of aged care is soaring, and 2023's budget announced on May 9th reflected this.
It revealed that this sector was now the fifth-largest area of Australian government expenditure, rising to a shocking $29.6bn from the 2020-21 figure of $24.8bn.

That number is estimated to grow to $35.8bn by 2025-26.


View attachment 17743
Aged care expenses on the budget will rise by 23 per cent in the fiscal year 2022–2023. Credit: Shutterstock.



This is largely attributed to our ageing population, with the number of aged care recipients increasing by 3.5 per cent from 2020 to 2021, bringing the total number up to 1.5 million.

That figure is expected to increase by another two per cent by 2032.

The increasing expenses have put a lot of pressure on our Federal Budget. But the Albanese government have made clear its intentions to improve the aged care sector after the Royal Commission discovered that it had significant problems like poor care and abuse.



Aged Care Minister Anika Wells stated that the decision to increase funding is part of the Albanese government's effort to ‘restore dignity’ to the aged care sector, which has suffered from years of underfunding.

She remarked: ‘However, properly funding our aged care sector comes at a price – with costs to increase in the budget by 23 per cent in the 2022-2023 financial year.’

‘Aged care has been plagued by a decade of inadequate funding which, in addition to the impact of the pandemic, has led to compounded cost pressures.’



According to Treasurer Jim Chalmers, Australians should prepare for a budget that has been constrained by increasing expenses.

He explained: ‘Whether it’s the interest cost on a trillion dollars of Liberal debt, the NDIS, aged care, health care or the rising cost of national security, the budget is under pressure from every angle.’

‘Within the considerable constraints we’re facing on the budget right now, we’ll do what we can to help Australians, and we’ll do it in a targeted, methodical, responsible and affordable way.’

‘The Albanese government is ambitious for aged care and determined to reform the sector for long-term success and sustainability.’



The admission that aged care was causing significant budgetary pressure coincides with the closure of several homes nationwide due to their inability to meet new government regulations.

Specifically, three facilities in Sydney and three in Perth will shut down before July 1 for failing to meet the requirement of having a registered nurse on-site around the clock.

Meanwhile, on Monday, Prime Minister Anthony Albanese declared that he had high aspirations for aged care and would not apologise for them.



Pensioners who are finding it hard to make ends meet welcome the additional funding for aged care. Additionally, it is worth noting that a lack of funding has resulted in aged-care providers abandoning regional communities.

Suppose you’re a senior who relies on aged care services or is preparing for your future living arrangements. In that case, it’s important to be aware of the available funding for you and create a financial plan to ensure you can afford the care you need.

Seek advice from financial professionals and stay informed about government policies to ensure you’re prepared for future changes to aged care costs.

What are your thoughts on this? Do you think it’s high time for the government to increase funding for aged care?
Definitely also Federal regulation of Retirement Villages and Residential/Landless Parks/Villages
 
The aged, of which I'm one, is one of the higher groups within our population, yet are considered less worthy of support than one of the smallest groups, the Aboriginals, The aged have made huge contributions to the good of the country, let's be frank, really what contribution have the smallest group made?
The Indigenous Australians get no more support than any other Australians. They get the same Aged Pension, the same jobseeker etc.
 
As our population ages, the demand for aged care services is growing. This presents great challenges and opportunities for governments, healthcare providers, and the wider community.

One of the foremost concerns is how to ensure ageing Australians can receive the support and care they need - which may be a particular concern for those who are already struggling financially.



The cost of aged care is soaring, and 2023's budget announced on May 9th reflected this.
It revealed that this sector was now the fifth-largest area of Australian government expenditure, rising to a shocking $29.6bn from the 2020-21 figure of $24.8bn.

That number is estimated to grow to $35.8bn by 2025-26.


View attachment 17743
Aged care expenses on the budget will rise by 23 per cent in the fiscal year 2022–2023. Credit: Shutterstock.



This is largely attributed to our ageing population, with the number of aged care recipients increasing by 3.5 per cent from 2020 to 2021, bringing the total number up to 1.5 million.

That figure is expected to increase by another two per cent by 2032.

The increasing expenses have put a lot of pressure on our Federal Budget. But the Albanese government have made clear its intentions to improve the aged care sector after the Royal Commission discovered that it had significant problems like poor care and abuse.



Aged Care Minister Anika Wells stated that the decision to increase funding is part of the Albanese government's effort to ‘restore dignity’ to the aged care sector, which has suffered from years of underfunding.

She remarked: ‘However, properly funding our aged care sector comes at a price – with costs to increase in the budget by 23 per cent in the 2022-2023 financial year.’

‘Aged care has been plagued by a decade of inadequate funding which, in addition to the impact of the pandemic, has led to compounded cost pressures.’



According to Treasurer Jim Chalmers, Australians should prepare for a budget that has been constrained by increasing expenses.

He explained: ‘Whether it’s the interest cost on a trillion dollars of Liberal debt, the NDIS, aged care, health care or the rising cost of national security, the budget is under pressure from every angle.’

‘Within the considerable constraints we’re facing on the budget right now, we’ll do what we can to help Australians, and we’ll do it in a targeted, methodical, responsible and affordable way.’

‘The Albanese government is ambitious for aged care and determined to reform the sector for long-term success and sustainability.’



The admission that aged care was causing significant budgetary pressure coincides with the closure of several homes nationwide due to their inability to meet new government regulations.

Specifically, three facilities in Sydney and three in Perth will shut down before July 1 for failing to meet the requirement of having a registered nurse on-site around the clock.

Meanwhile, on Monday, Prime Minister Anthony Albanese declared that he had high aspirations for aged care and would not apologise for them.



Pensioners who are finding it hard to make ends meet welcome the additional funding for aged care. Additionally, it is worth noting that a lack of funding has resulted in aged-care providers abandoning regional communities.

Suppose you’re a senior who relies on aged care services or is preparing for your future living arrangements. In that case, it’s important to be aware of the available funding for you and create a financial plan to ensure you can afford the care you need.

Seek advice from financial professionals and stay informed about government policies to ensure you’re prepared for future changes to aged care costs.

What are your thoughts on this? Do you think it’s high time for the government to increase funding for aged care?
This sector has been neglected for so long. My mother was in aged care between 2012 and 2014 and the one significant thing that has stuck in my mind is the total lack of staff needed. It always seemed that money was the main objective of management. My mother died in “care”as a result of not enough staff. She was in high dependence and there was only one staff member on for the evening shift. My mother had a bad fall which resulted in her dying from a major brain bleed. The 1 staff who was on duty was busy with another high dependent resident so she was unable to attend my mother. She felt so bad but there was nothing she could do. To this day every time I have to pass BUPA Aged Care l get angry. All I got was a letter of apology and they would try and do better in future. Lot of good that did me!😡
 
I say the problem of funding for aged care has been neglected by countless governments of all persuasions over many years. It was no secret that we would have an ageing population - the majority of whom have worked all their life and contributed to this country. It now seems that we have become a fiscal problem for the government and every few dollars increase we receive is a major strain on the Federal budget. It seems that nuclear subs are more important than the citizens of this country - and there doesn't seem to be many arguments over being able to afford them.(the subs)
I worked in hospitals and aged care for many years and the system is almost impossible to work in, staff are poorly paid, staff need better training and a lot of the residents just wanted you to sit down and talk to them - often near impossible with the workload in each shift. I wish that government would ask those living and working in aged care what they need and how to improve day to day care and their quality of life.
 
As our population ages, the demand for aged care services is growing. This presents great challenges and opportunities for governments, healthcare providers, and the wider community.

One of the foremost concerns is how to ensure ageing Australians can receive the support and care they need - which may be a particular concern for those who are already struggling financially.



The cost of aged care is soaring, and 2023's budget announced on May 9th reflected this.
It revealed that this sector was now the fifth-largest area of Australian government expenditure, rising to a shocking $29.6bn from the 2020-21 figure of $24.8bn.

That number is estimated to grow to $35.8bn by 2025-26.


View attachment 17743
Aged care expenses on the budget will rise by 23 per cent in the fiscal year 2022–2023. Credit: Shutterstock.



This is largely attributed to our ageing population, with the number of aged care recipients increasing by 3.5 per cent from 2020 to 2021, bringing the total number up to 1.5 million.

That figure is expected to increase by another two per cent by 2032.

The increasing expenses have put a lot of pressure on our Federal Budget. But the Albanese government have made clear its intentions to improve the aged care sector after the Royal Commission discovered that it had significant problems like poor care and abuse.



Aged Care Minister Anika Wells stated that the decision to increase funding is part of the Albanese government's effort to ‘restore dignity’ to the aged care sector, which has suffered from years of underfunding.

She remarked: ‘However, properly funding our aged care sector comes at a price – with costs to increase in the budget by 23 per cent in the 2022-2023 financial year.’

‘Aged care has been plagued by a decade of inadequate funding which, in addition to the impact of the pandemic, has led to compounded cost pressures.’



According to Treasurer Jim Chalmers, Australians should prepare for a budget that has been constrained by increasing expenses.

He explained: ‘Whether it’s the interest cost on a trillion dollars of Liberal debt, the NDIS, aged care, health care or the rising cost of national security, the budget is under pressure from every angle.’

‘Within the considerable constraints we’re facing on the budget right now, we’ll do what we can to help Australians, and we’ll do it in a targeted, methodical, responsible and affordable way.’

‘The Albanese government is ambitious for aged care and determined to reform the sector for long-term success and sustainability.’



The admission that aged care was causing significant budgetary pressure coincides with the closure of several homes nationwide due to their inability to meet new government regulations.

Specifically, three facilities in Sydney and three in Perth will shut down before July 1 for failing to meet the requirement of having a registered nurse on-site around the clock.

Meanwhile, on Monday, Prime Minister Anthony Albanese declared that he had high aspirations for aged care and would not apologise for them.



Pensioners who are finding it hard to make ends meet welcome the additional funding for aged care. Additionally, it is worth noting that a lack of funding has resulted in aged-care providers abandoning regional communities.

Suppose you’re a senior who relies on aged care services or is preparing for your future living arrangements. In that case, it’s important to be aware of the available funding for you and create a financial plan to ensure you can afford the care you need.

Seek advice from financial professionals and stay informed about government policies to ensure you’re prepared for future changes to aged care costs.

What are your thoughts on this? Do you think it’s high time for the government to increase funding for aged care?
Bla Bla Bla. I'll believe this if I see it which given this mob of incompetents track record of lies, deceit and misinformation, is unlikely. Funny how The Morrison Liberal Government provided so much funding for relief packages to struggling families during Covid and were urged to provide even more by LIEbour but now snake chalmer and albaslease rattle and bang about the debt. As for LIEbour voters, talk abut biting the hand that fed you during the Covid crisis.
 
What a
The aged, of which I'm one, is one of the higher groups within our population, yet are considered less worthy of support than one of the smallest groups, the Aboriginals, The aged have made huge contributions to the good of the country, let's be frank, really what contribution have the smallest group made?
 
The Indigenous Australians get no more support than any other Australians. They get the same Aged Pension, the same jobseeker etc.
Check the government budget report....We sat down with the Productivity Commission. We looked at the Indigenous space. $30 billion is spent in this space annually. $30 billion on 500,000 people and you still see the problems you get to see. What that tells me straightaway as a businessman, because I run my own business, is there’s a lot of fun and games going in there and we need to sort that out and we need to find out where the wastage of our funding is. – Chair of the Prime Minister’s Indigenous Advisory Council, Warren Mundine,
 
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Speaking with a friend last night whose Asian daughter-in-law works in an aged care home was told that the staff had a pay increase. The home got it but the staff got nothing. My friend is now going to look into it. As most of the workers are Asian, they don’t want to rock the boat.
 
Speaking with a friend last night whose Asian daughter-in-law works in an aged care home was told that the staff had a pay increase. The home got it but the staff got nothing. My friend is now going to look into it. As most of the workers are Asian, they don’t want to rock the boat.
This doesnt seem right.
 
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The Indigenous Australians get no more support than any other Australians. They get the same Aged Pension, the same jobseeker etc.
I am a proud indigenous man of indigenous heritage mother and my father was a norwegian man a sailor whom was stuck in Australia after his appendix had ruptured he was operated on in W.A and his ship sailed home late 1948 but would pick him up when they returned some 10 to 12 months later my mum was a barmaid at the hotel he had his lodgings at she taught him to read and write and speak english and they fell in love he ended up working at the hotel himself and he never returned to his homeland and they had 5 children together me being the eldest my parents worked very hard all their lives and we had a great upbringing both passed away in their own homes that they worked hard for and never had any government assistance except they were able to buy their NSW housing commission home in the late 60s and just survived their final years with usung their super and part pension payment we the children looked after them in later years but were taken early by heart attack father and cancer mum both in their early 70s. So basically they worked hard mum a registered midwife and dad a club manager and paid taxes their whole lives and never got to enjoy the final years of so called retirement and NEVER HAD recieved any benefits by being a indigenous person. Myself a retired pensioner and identified as indigenous do not recieve anything different with my own pension to what other Australians recieved and take offence to your comment. You are sadly ill-informed and comments like these only adds to the prejudice discrimination shown to Indigenous Australians.
 
I am a proud indigenous man of indigenous heritage mother and my father was a norwegian man a sailor whom was stuck in Australia after his appendix had ruptured he was operated on in W.A and his ship sailed home late 1948 but would pick him up when they returned some 10 to 12 months later my mum was a barmaid at the hotel he had his lodgings at she taught him to read and write and speak english and they fell in love he ended up working at the hotel himself and he never returned to his homeland and they had 5 children together me being the eldest my parents worked very hard all their lives and we had a great upbringing both passed away in their own homes that they worked hard for and never had any government assistance except they were able to buy their NSW housing commission home in the late 60s and just survived their final years with usung their super and part pension payment we the children looked after them in later years but were taken early by heart attack father and cancer mum both in their early 70s. So basically they worked hard mum a registered midwife and dad a club manager and paid taxes their whole lives and never got to enjoy the final years of so called retirement and NEVER HAD recieved any benefits by being a indigenous person. Myself a retired pensioner and identified as indigenous do not recieve anything different with my own pension to what other Australians recieved and take offence to your comment. You are sadly ill-informed and comments like these only adds to the prejudice discrimination shown to Indigenous Australians.
I think you read it wrong.
 
Definitely also Federal regulation of Retirement Villages and Residential/Landless Parks/Villages
Why are there so many Retirement Villages just for the ones who have a house to trade for care what about people like me, renters? Profit, of course! It is about time these villages were made to take on renters as well as the more affluent oldies. We are just as worthy as the richer ones just not so lucky on the work front. Or as in my case, certain circumstances stopped us from owning a house, especially after a divorce where nothing was given in the settlement for the care of the family through lies on someone else's behalf. I am sure I am not the only one missing out in that case. Make at least a third of the housing rentals still the shareholders will garner a profit, maybe not such a large one as now but think of all the extra people they could cater for!
 
I am a proud indigenous man of indigenous heritage mother and my father was a norwegian man a sailor whom was stuck in Australia after his appendix had ruptured he was operated on in W.A and his ship sailed home late 1948 but would pick him up when they returned some 10 to 12 months later my mum was a barmaid at the hotel he had his lodgings at she taught him to read and write and speak english and they fell in love he ended up working at the hotel himself and he never returned to his homeland and they had 5 children together me being the eldest my parents worked very hard all their lives and we had a great upbringing both passed away in their own homes that they worked hard for and never had any government assistance except they were able to buy their NSW housing commission home in the late 60s and just survived their final years with usung their super and part pension payment we the children looked after them in later years but were taken early by heart attack father and cancer mum both in their early 70s. So basically they worked hard mum a registered midwife and dad a club manager and paid taxes their whole lives and never got to enjoy the final years of so called retirement and NEVER HAD recieved any benefits by being a indigenous person. Myself a retired pensioner and identified as indigenous do not recieve anything different with my own pension to what other Australians recieved and take offence to your comment. You are sadly ill-informed and comments like these only adds to the prejudice discrimination shown to Indigenous Australians.
But you get it at a younger age
 

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