The federal budget includes almost $8 billion over four years to reform residential aged care with around half of that going toward funding and reporting a minimum of 200 care minutes for residents each day.
The funding is part of a five-year $17.7 billion aged care package Treasurer Josh Frydenberg announced on Tuesday night as “practical and targeted new funding to significantly improve the system.”
Other big ticket items include more than $3 billion for a $10 Basic Daily Fee supplement and $6 billion to tackle the home care waitlist with 80,000 new home care packages.
The budget funds the government’s “5 pillar Aged Care Reform Plan” in response to the Royal Commission into Aged Care Quality and Safety and includes $7.8 billion for residential aged care and $7.4 billion for home care.
To know more read the entire article originally published in Australian Ageing Agenda here
Image Credits: Minority Reporter
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