Albanese Unveils Near $10 Billion Aged Care Overhaul With Opposition Support

Published on September 12, 2024

Prime Minister Anthony Albanese has announced a substantial $9.9 billion investment in aged care, allocating $5.6 billion for sector reforms and $4.3 billion for home support, starting July 1, 2025. “We will deliver historic aged care reforms to ensure the viability and quality of our aged care system,” Albanese stated, emphasising that the reforms would have “a need-based approach for the generation that cared for us.” He also thanked the Liberal-National Coalition for their bipartisan support on the proposed bill. The new home care initiative, Support at Home, will launch in July 2025, aiming to help Australians maintain independence at home before transitioning to aged care if needed....

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