Caring for older Australians - Productivity Commission draft report
On Friday, January 21, the Productivity Commission (PC) issued its much anticipated draft report into ‘Caring for Older Australians’.
An initial review of the document reveals a comprehensive and well argued report, clearly outlining the considerations made by the PC across the 42 recommendations. The report is written in the context of an ageing population and the current aged care system which is seen by many as a complex, unsustainable and inequitable system.
The PC agrees with many of the submissions made that Australia’s aged care system is in need of fundamental reform. Deloitte, in conjunction with the Aged Care Association of Australia prepared a detailed submission on behalf of industry and this contribution is cited within the draft report.
Download Deloitte’s summary of the key recommendations in the report below.
What Deloitte can offer interested parties and stakeholders
Deloitte’s team of in-house experts has a deep understanding of the issues effecting organisations that operate in the aged care sector.
We are one of the few firms in Australia to be able to provide fully integrated professional advisory services which include dealing with issues currently facing the industry including:
- Cash flow forecasts and modelling
- Declining profitability
- Debt funding and refinance for capital expenditure programs
- M&A and exit strategy alternatives
- Valuation services including understanding the impact of the proposed changes on value.