Published: December 6, 2023
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Ambitious aged care reforms delivering

The Albanese Government’s aged care reforms are already delivering with the latest financial outlook showing a sector providing more minutes of care per resident, while recovering to a more stable and sustainable setting.

The latest Aged Care Quarterly Financial Snapshot (QFS) shows the overall financial performance of residential aged care providers improved throughout the 2022-23 financial year. This follows the Albanese Government’s immediate introduction of the Australian National Aged Care Classification (AN-ACC) funding model, which came into effect 1 October 2022.

The snapshot shows that residential aged care providers delivered an average of 194 minutes of care per resident per day in the final quarter of 2022-23, an increase of 4 minutes. The Labor Government’s 200 mandatory care minutes came into effect from 1 October 2023.

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Ambitious aged care reforms delivering

Published: December 5, 2023
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Your Aged Care Update: Issue 47

Sector news

• COVID-19 Aged Care Support Program extension grant finalisation
• Celebrating volunteers in aged care
• Free translating and interpreting services
• National Principles to Address Coercive Control

Residential care

• AN-ACC price increased
• Be prepared for power outages
• Online survey: Medication Advisory Committees

In-home care

• Support at Home to be rolled out in two stages
• Home Care Packages Program Data Report
• Transition of Disability Support for Older Australians Program

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Your Aged Care Update: Issue 47

Published: December 1, 2023
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AN-ACC Price Increased

On 1 December 2023, the Australian Government announced an investment of a more than $2 billion in residential aged care. This increases the Australian National Aged Care Classification (AN-ACC) price to $253.82.

This additional funding supports aged care homes to pay the full increase in award wages for care staff, as handed down by the Fair Work Commission.

Funding includes:

• $ 2.2 billion in AN-ACC funding
• $21.5 million in 24/7 registered nurse supplement funding.

The funding increase includes back pay for the 1 July to 30 November period.

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Schedule of Subsidies and Supplements for Aged Care – from 1 December 2023 (.pdf)

More than $2 billion boost for aged care homes to fund award wage increase

Published: December 1, 2023
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More than $2 billion boost for aged care homes to fund award wage increase

The Albanese Government is investing billions of dollars to increase the Australian National Aged Care Classification (AN-ACC) price to $253.82 from 1 December 2023.

Our $2.194 billion commitment will support residential aged care providers to fund the Fair Work Commission’s Annual Wage Review decision, which increases the award wage for aged care staff by 5.75%.

The increase accounts for back pay funding for the 1 July to 30 November period and ensures aged care homes are funded to pay the increased award wages for registered nurses, enrolled nurses, assistants in nursing, personal care workers and recreational activities officers (lifestyle workers).

As part of this uplift to support the award wage rise, an additional $21.5 million has been committed for 24/7 RN supplement funding, also commencing 1 December 2023.

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More than $2 billion boost for aged care homes to fund award wage increase

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