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Managing Prudential Risk in Residential Aged Care Submission March 2019

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In February 2019, The Australian Department of Health (the Department) released the discussion paper “Managing Prudential Risk in Residential Aged Care” in consultation with the residential aged care sector and the broader community on the issue of managing prudential risk in residential aged care.

The existing framework in place under the Aged Care Act 1997 (the Act) supports this objective, however two recent reviews have recommended that the prudential framework be strengthened (Ernst and Young and the Tune Review).

The Department has invited submissions from all interested stakeholders to gather the sector’s views on the options for better managing prudential risk in residential aged care.

Please see below for the StewartBrown submission on managing prudential risk in residential aged care.

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StewartBrown Aged Care Listed Providers Analysis Report December 2018

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The listed aged care providers Estia, Regis and Japara have recently released their six months results to 31 December 2018. StewartBrown has reviewed the Listed Providers Financial Reports and a summary of this analysis can be found in this report. This listed aged care providers financial performance update focuses solely on the three listed providers in order to provide a timely snapshot and commentary on their results.

Click here to download the report.

StewartBrown 2019 Land Tax newsletter

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Welcome to the Special Land Tax edition of our client newsletter for January 2019 where we hope to keep you informed of the important land tax compliance issues affecting owners of land in Australia.

Click here to download the newsletter.

Aged Care Financial Performance Survey - September 2018

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Click here to download a PDF version of the report below.

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Analysis of Mid-Year Economic and Fiscal Outlook: Impact on the aged care sector

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On 17 December 2018 the Government provided its Mid-Year Economic and Fiscal Outlook update for the 2018/19 year. In making the announcement it also included several measures that impacts directly on the aged care sector.

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