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Men's Weekly

What will aged care look like for the next generation? More of the same but higher out-of-pocket costs

  • Written by Hal Swerissen, Emeritus Professor, La Trobe University
What will aged care look like for the next generation? More of the same but higher out-of-pocket costspikselstock/Shutterstock

Aged care financing is a vexed problem for the Australian government. It is already underfunded for the quality the community expects, and costs will increase dramatically. There are also significant concerns about the complexity of the system.

In 2021–22 the federal government spent A$25 billion on aged services for...

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