Aged Care - need for financial transparency

11 February 2020

Senator GRIFF (South Australia) (15:50): I move:

That the Senate—

(a) notes that:

   (i) Australia's aged care system receives over $21 billion of taxpayer money each year,

   (ii) despite receiving large government subsidies, there is a significant lack of transparency in aged care, and

   (iii) aged care providers are not required to publish details on how government subsidies are spent including on food, medical products, accommodation, staffing and staff training;

(b) recognises that the aged care sector requires robust financial transparency in order to make clear how much facilities actually spend on delivering care;

(c) acknowledges that families relying on the aged care sector to care for loved ones deserve access to information to assist them in making informed decisions about aged care for family members; and

(d) calls on the Federal Government to legislate for financial transparency in aged care, as a matter of urgency.

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