The StewartBrown FY19 Aged Care Financial Performance Survey incorporates detailed financial and supporting data from over 1,102 aged care homes and over 34,999 home care packages across Australia. The quarterly survey is the largest benchmark in 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 programme level.

To view the whole report click here.

Welcome to our September 2019 edition of the StewartBrown newsletter. We hope to keep you informed of the important tax developments and issues affecting businesses in Australia today.

The listed aged care providers Estia, Regis and Japara have recently released their full year results to 30 June 2019.

Survey Report out now

StewartBrown’s Corporate Administration Costs in the Aged Care Sector Survey finds:

• Corporate administration costs continue to increase at a rate greater than the increase in revenue
• There has been a particular increase in corporate administration staff costs
• Organisations are on average spending 16.87% of their operating revenues on administration