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Aged care is a vital part of communities across Australia. Now, more than ever, financial sustainability – to underpin the future of aged care – is paramount.

 

The events of 2020 – bushfires, floods, a global pandemic – along with the systemic failings being unveiled by the Royal Commission into Aged Care Quality and Safety, have elevated the ongoing challenges of funding for Australia’s aged care system.  They have also heightened the urgent need for future-focused approaches.

 

At its core, the financial sustainability of an organisation hinges on controlling the ‘levers’ – either increasing net free cash inflows, improving solvency, investing and managing risk (and any combination of these factors and their inputs).