The future of the Australian aged care industry – industry forecasts for the next five years (2018-2022)

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With our population aged 65 and over expected to grow by almost 700,000 people over the next five years, as Baby Boomers continue to reach retirement age, the Federal Government funding is anticipated to keep increasing in order to enable accessible, affordable and quality aged care for Australians.

Future Trends in the Aged Care Industry

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A recent IBIS industry report observed that when residents are asked to contribute more as the industry moves to a more user pays model, they may expect greater care and services and a seamless transition through the different care stages.