Aged care homes should not be “short-changing” older people by making profits off government funding while falling short of mandatory care targets, advocates say, as pressure grows on the federal government to introduce the new Aged Care Act to parliament after repeated delays.
Recent analysis from the Ageing Research Collaborative at the University of Technology Sydney found nearly two-thirds of homes that turned a profit in the first half of the 2023-2024 financial year did not meet mandatory care-minute targets, despite substantial government funding.
