Our latest insights

The Aged Care Taskforce (ACTF) is evaluating aged care funding mechanisms. In response to this review, Grant Thornton, in collaboration with banks, Private Equity firms and a small group of providers, prepared this report for the ACTF to describe the aged care sector in terms of its capital needs and suggests ways to make it an attractive investment sector compared to other industries.

Conversations with aged care providers at the close of 2022 identified four key themes that will take a front seat in Australia’s aged care sector in 2023 – the fundamentals of the sector (funding, regulation, governance), labour shortage and recruitment strategies, technology, and housing and aged care communities

October’s Federal Budget announcement is expected to be heavily focused on policy and reform. With increasing pressure from an aging population, the aged care sector is feeling the impacts of system reforms, relentless cost pressures, the pandemic and other changes. Consumers have higher expectations and a greater choice of providers, services and pricing models, forcing organisations to compete in new ways. The operators that thrive will be those who are able to create new business models, realise operational efficiencies and stay one step ahead of their competitors. Change also brings great opportunity and an exciting future to look forward to.

Aged care providers are tasked with delivering services to care recipients that exhibit quality and safety attributes. This means that services must have a degree of excellence attached to them and be physically, mentally, emotionally and psychologically safe. In order to achieve this level of quality and safety, the human interactions between carers and care recipients must be kind and attentive, and carers must enjoy the same sense of being safe in all of these dimensions.

A national series of roundtable events supporting our clients understand the Terms of Reference of the Royal Commission into Violence, Abuse, Neglect and Exploitation of People with Disability revealed the key concerns of industry leaders, as well as providing key learnings from our experience with the Aged Care Royal Commission.

A comprehensive review of the future challenges and opportunities for delivering accessible, affordable and high quality services for people with disabilities in Australia life.

A comprehensive review of the future challenges and opportunities for delivering accessible, affordable and high quality aged care services in Australia

Many aged care providers have received letters requesting in-depth information for the Royal Commission into Aged Care Quality and Safety – with five years’ worth of data and information due for submission, it’s an enormous task.

The full funding of the National Disability Insurance Scheme (NDIS) was one of the key calling cards for the Government in this year’s budget.