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Federal Budget 2024-25: Key points for in-home aged care providers

By Lilly Sorensen

There’s been a lot of reaction to Tuesday’s Federal Budget announcement, which includes $2.2 billion to strengthen the quality of aged care services: 

  • No measures announced relating to Aged Care Taskforce recommendations/ future financial sustainability of aged care (ref)
  • No direct measures for supporting provider side implementation of the New Aged Care Act (ref)
  • Nearly 40% (or $5.75bn) of the new spending in 2025-26 and 2026-27 in this budget remains “not yet announced” (here)
  • $531.4m for an extra 24,100 Home Care Packages in 2024-25 (ref) however, latest Home Care Packages Program Data Report shows at 31 December 2023, there were 51,044 people waiting for an HCP at their approved level (ref)
  • $88.4m to attract and retain aged care workers
  • Further support for aged care worker wage increase – Fair Work Commission final determination due mid-year
  • $111m towards the Aged Care Quality and Safety Commission
  • $1.4b toward upgrading aged care technology systems (ref
  • $174.5m to fund ICT infrastructure required to implement Support at Home program and Single Assessment System
  • $32.1m for the Specialist Dementia Care program
  • Stronger links between aged care and health systems 

You can read ACCPA’s response here, COTA here, or further commentary here.

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Published 17 May 2024.