Aged-care services will cost taxpayers more than A$35 billion this year. Treasurer Jim Chalmers argues it’s one of the government’s biggest ongoing funding challenges. The last intergenerational report, which looked out over the next 40 years, came to the same conclusion.
In a search for answers, the government has set up an aged-care taskforce to report on how aged care should be funded, and by whom. Its report is due by the end of the year.
