In this edition:

Lack of 'focus' in aged care

Australia's 'one size fits all' aged care system fails to produce excellence, rarely builds competency and instead results in 'exhausted mediocrity', according to Australian aged care provider, HammondCare (16 March 2015)

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Reforms added ‘more complexity’ to financials: advisors

With accessing aged care traditionally likened to “navigating a maze”, a key goal of the current reforms was to simplify and streamline the system for consumers. But there is debate over whether the new financial arrangements in particular have had the opposite effect (11 March 2015)

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One in four providers lagging behind on CDC

Some 25 per cent of home care package providers are yet to consider changing their services and systems to a consumer directed care approach four months out from the required transition to CDC (04 March 2015)

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Morrison puts home equity on the agenda 

The Federal Government says it wants a discussion on accessing home equity to meet the costs of Australia’s ageing population, but so far has dismissed one proposed means of enabling it (27 February 2015)

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Unlocking home equity solution to ageing population

A new report by Grant Thornton shows that the 184,000 older Australians currently living in retirement villages save the federal budget $2.16 billion through delayed entry to aged care.  Unlocking home equity for seniors and will help save the Budget from a full-scale blow out, according to new research released by the PCA (06 March 2015)

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Review of SA retirement village laws

Feedback is being invited on new laws covering the rights and responsibilities of both retirement village operators and residents. The Retirement Villages Act Review will be open for consultation until 24 April 2015.  More information, including a guide to the new laws and how to register for an information session, can be found on the SA Health website at this PS News link.

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