Aged care’s financial crisis

Australia’s aged care has been described as a "shocking tale of neglect."

Two hands holding a money jar

The aged care sector in Australia has been largely characterised by one term - crisis.

In March 2021, the royal commission into aged care handed down its final report, revealing staff shortages, poor nutrition, and neglect were common in aged care homes throughout the country.

With the election this weekend, both major parties have made promises to address the aged care crisis.

But how did we get to this point in a sector that's so important to the lives and welfare of so many Australians? What are the structural issues that make fixing the problem of aged care so difficult?

In this episode of Think: Business Futures, presenter Stefan Posthuma is joined by Nicole Sutton and Nelson Ma, Senior Lecturers at the UTS Business School, and members of the UTS Ageing Research Collaborative.

LISTEN > Aged care's financial crisis | 17 May 2022 | 27 min

Guest bios

Nicole Sutton is a Senior Lecturer at the UTS Business School and lead author of biannual Australia's Aged Care Sector Report. See Nicole's bio on UTS experts.

Nelson Ma is a Senior Lecturer at the UTS Business School. See Nelson's bio on UTS experts. 

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Think: Business Futures is produced by 2SER in partnership with UTS Business School.

Acknowledgement of Country

UTS acknowledges the Gadigal people of the Eora Nation, the Boorooberongal people of the Dharug Nation, the Bidiagal people and the Gamaygal people, upon whose ancestral lands our university stands. We would also like to pay respect to the Elders both past and present, acknowledging them as the traditional custodians of knowledge for these lands.