Aged Care Reform was the centrepiece of this year’s Federal Budget, both in policy and financial terms. Apart from aged care there are not huge gains in this Budget.
Older Australians will benefit from measures aimed at increasing workforce participation and fixing retirement incomes, COTA Australia says, but support for vulnerable groups like renters is still missing and long-term solutions are needed to ensure vulnerable Australians are adequately supported.
COTA Australia tonight welcomed the very substantial package of measures in tonight’s Federal Budget that will fire the starting gun on a substantial overhaul of the aged care system over the next five years, supported by additional expenditure of $17.7 Billion over four years.
While alternate solutions to reform challenges have been provided by the two Commissioners, COTA Australia does not see this as any barrier to commencing urgent reform. Both Commissioners argued for major transformation of our aged care system.