The September 2019 quarter StewartBrown Aged Care Financial Performance Survey highlights that the financial sustainability of the residential aged care sector continues to deteriorate in all geographic regions, and unless additional specific targeted funding is implemented it may lead to closure of residential aged care homes and will risk further necessary investment into the sector.

Welcome to our February 2020 edition of the StewartBrown newsletter. We hope to keep you informed of the important tax developments and issues affecting taxpayers and businesses in Australia today.

WELCOME
Welcome to the special Land Tax edition of our client newsletter for 2020 where we hope to keep you informed of the important land tax compliance issues affecting owners of land in Australia. Remember that Land Tax is a State tax and different rules apply in each State. In this newsletter we have summarised the position in NSW. If in any doubt about your particular land tax circumstances, please contact your StewartBrown Partner or Manager.

The StewartBrown September 2019 Aged Care Financial Performance Survey incorporates detailed financial and supporting data from over 1,043 residential aged care homes and over 34,702 home care packages across Australia. The StewartBrown quarterly survey is the largest benchmark survey within the aged care sector and provides invaluable insight into the trends and drivers of financial performance at the sector level and at the aged care home or home care package level.

To view the whole report click here.