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The Aged Care Taskforce report

Sonia Lim 13 Mar 2024

The Aged Care Taskforce was established in June last year to review funding arrangements for aged care, develop equitable options and build upon the recommendations of the Royal Commission into Aged Care Quality and Safety. Their focus included sustainability, equity, innovation and putting people using aged care at the centre of funding arrangements.

The committee is comprised of 16 members with broad experience and expertise across health and aged care, banking and finance, economics and public policy including representatives of providers, current and future aged care recipients and diverse cohorts. Their long-awaited report, was released late on Monday (11 March) and was the subject of a lot of conversations and media coverage everyone seeks to understand the recommendations and the impacts these will have on the sector and consumers now and into the future. In their final report, the Aged Care Task Force makes 23 recommendations which centre around:

  1. Creating a more sustainable aged care system by allowing for greater contributions by consumers who can afford to do so, particularly for non-care services such as lifestyle and accommodation.
  2. Maintaining a fair and equitable aged care system, ensuring that safety nets for those with low means remain in place and appropriate funding is available to ensure those living in remote areas can still access the care and services they need
  3. Encouraging innovation and investment, by looking at how Australians plan for their aged care needs and costs throughout their life and improved transparency around the true costs of providing aged care services.
  4. Supporting the new Support at Home program, so that older Australians can age in place if they choose to do so.

While there is a lot to digest in this report, the work to detail how and when these recommendations might be introduced, has not yet begun. The Task Force members are very keen for people to know that there is still a lot of work left to do.

Everyone who is involved in the aged care sector, whether you are an aged care worker, consumer, representative or supplier, knows that the aged care system needs to evolve. We will be seeing a significant growth in the number of people who need aged care services and in order to meet this demand we need to reshape the aged care system and rethink how it is funded so that everyone who access aged care services now and into the future receives high quality and safe services.

RFBI will be keeping our staff, residents, representatives and clients updated as to any changes as more information is shared. In the meantime, if you have any questions or concerns, please do not hesitate to speak with your General Manager or Care at Home Manager.

Frank Price
Chief Executive Officer
The Aged Care Task Force Final Report