Tag: StewartBrown

Federal Budget 2024-25: StewartBrown Benchmark’s response

The 2024-25 federal budget continued the government’s focus on enhancing the quality of aged care service delivery with several measures to improve...

Aged care’s financial woes continue…

The residential aged care sector in Australia is facing a critical financial situation, with operating losses continuing to grow, according to the...

Whiddon launches new IT infrastructure with Nutanix

Enterprise cloud OS leader, Nutanix (NASDAQ: NTNX), today announced it has helped leading Australian aged care provider, Whiddon Group, to support the organisation’s technology initiatives...

Royal Commission to examine funding models for care

Increased income taxes, levies and insurance schemes will be examined as potential models for future aged care funding as the Royal Commission...

Home care system in the spotlight at royal commission

Older Australians receiving home-care packages received an average of less than seven minutes of care from registered nurses each fortnight, the Royal...

Experts to share insight on aged care’s finance future

Aged care finance experts, StewartBrown, will be holding a series of finance forums across Australia throughout October and November to help providers...

Every day living costs rising faster than revenue

Increasing costs relating to staff, administration, goods and services are slowly crippling residential care providers as revenue fails to keep pace, according to new data.

Half-yearly results show more operators in financial stress

Projections for the FY19 year performance of residential care providers show that even with the one-off 9.5 per cent subsidy boost, between 35-60 per...

Gov does not understand true costs of care: LASA

The announced indexation rise for aged care subsidies and supplements of just 1.4 per cent for the 2018/19 financial year has been met with alarm from providers across all services.

Risk presented by unspent funds improves

In the year leading up to portability of packages StewartBrown had been tracking the sector levels of unspent funds with an increasing concern that...

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