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.

Read more:

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