With the federal budget hot off the press it’s timely to review what’s in it for seniors.
As expected, aged care has had an injection of $17.7billion in additional funds and while this may appear to be significant, in annual terms this is approximately $3.5 billion per year which falls short of the stated underspend of $10 billion per year that was identified by the Aged Care Royal Commissioners.
Aged care residents will receive a minimum of 200 minutes of care per day (or 3.3 hours- including 40 minutes by a registered nurse).
An additional 80,000 Home Care Packages over 2 years is expected to reduce the existing waiting list of 100,000.
More details are in the documents listed below: