Aged Care Taskforce rejects tax levy and proposes funding based on personal wealth

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Aged Care Taskforce rejects tax levy and proposes funding based on personal wealth
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A taskforce reviewing funding for aged care has rejected the idea of a tax levy to cover the sector's costs and instead suggested Australians accessing care should pay more based on their personal wealth.

A taskforce has rejected the idea of increasing taxes to fund the aged care sector.A taskforce reviewing funding arrangements for aged care has rejected the idea of a levy to cover the sector's costs and instead suggested Australians accessing care should pay more based on their personal wealth.

Current and future generations of aged care participants have high expectations of what quality aged care looks like The report said asking a shrinking working-age population to fund these services created intergenerational equity issues. Mr Symondson said a levy would not be a fair ask of taxpayers during a cost of living crisis when wealthy older Australians were able to contribute more to their own care.Older Persons Advocacy Network organisations can assist with a range of free Advocacy, Information and Education services. Call them onOne of the recommendations was to make aged care fees "fairer, simpler and more transparent so people can understand the costs they will incur if they access aged care".

The report mentioned workforce concerns multiple times, and recommended having a competent and proficient workforce as one of its main principles. However, it stated that addressing the issue was beyond the scope of the review, despite that acknowledgement. As a result, no recommendations were provided on how to resolve the problem.

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