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Impact on Aged Care

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2021-22 Federal Budget Analysis


The long awaited budget response to the Royal Commission has resulted in a number of surprises including a record spend of $17.7bn over the budget horizon of four year across both Home Care and Residential Aged Care.

Our expert Healthcare & Retirement Living Team has undertaken a detailed analysis on the Federal Budget 2021-22 and its impact on Aged Care.

This report provides an in-depth analysis of the Government directional statements as well as our preliminary thoughts on the key budget recommendations for each of the strategic pillars:

  • Home care
  • Residential aged care quality and safety
  • Residential aged care services and sustainability
  • Workforce
  • Governance

Our analysis considers these Pillars from the perspectives of the operator, consumer and the investor.

Our team has also provided a sector outlook based on implications of this year’s budget.

The information in our report has been sourced from the Federal Budget Papers, Department of Health and Department of Social Services announcements.

 
 

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Impact on Aged Care

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Shalain Singh

Head of Transaction Services, Asia Pacific | Healthcare and Retirement Living

Melbourne CBD

As the Head of Healthcare and Retirement Living I am responsible for leading and managing Colliers International’s Healthcare & Retirement Living (HRL) team nationally. With service capabilities across valuations, transaction services, strategic and market consulting supported by a team of 16, it is the largest and most specialised HRL team in Australia.

Covering the entire continuum of care from childcare, allied health and medical centres to manufactured housing estates, retirement villages, hospitals and aged care, the team truly represents a whole-of-sector proposition.

"Newly appointed to the role of National Director and Head of Healthcare and Retirement Living, Shalain oversees both Transaction Services and Valuations & Advisory Services for Colliers International's Healthcare and Retirement Living team"

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