News & Events

Friday, 08 September 2017

2017 Corporate Administration Survey

We recently conducted the 2017 Corporate Administration Survey and had a response from a large number of aged care providers covering 457 residential care facilities with 35,164 operational places, 12,972 home care clients and 15,395 occupied independent living units. Across the 58 organisations that submitted data, revenues totalled $4.8 billion and aggregated total assets were a total of $15.8 billion. The number of FTEs in these organisations totalled 36,135. The survey shows that corporate administration costs continue to increase at a rate greater than the increase in revenue, with a particular increase in corporate administration staff costs. Organisations are on average spending 15.39% of their operating revenues on the administration of their business. Further analysis on the composition of corporate administrations costs and analysis by different characteristics such as locations, net assets, revenue type are set out in the attached report.Read More

Friday, 25 August 2017

August 2017 Newsletter

We hope to keep you informed of the important tax developments and issues affecting businesses in Australia today and throughout the year ahead. In this edition we touch on matters relating to tax debts and reporting to credit bureaus, crowdfunding and payroll taxRead More

Wednesday, 19 July 2017

Webinar: Aged Care Financial Performance Update Round Two

Want to know what the latest trends are for aged care providers? The StewartBrown Aged Care Financial Performance Survey (ACFPS) incorporates detailed financial and supporting data from over 479 Home Care programs and 869 residential aged care facilities across Australia. Read More