The only constant - is change

The aged care sector continues to undergo significant change and transformation at an increasing rate. As always, change presents opportunity, but not without challenges and in this regard, the listed players are having to navigate the most complex set of variables to date simultaneously. Deregulation of the home and community care has accelerated convergence between retirement living and aged care as well as enabling people to stay in their own homes longer. Access to workforce and rising costs coupled with reduction in Government funding is forcing operators to rethink their models of care and accommodation in line with shifting consumer demands and increasing financial acumen. Ultimately, demand remains high and growth is still achievable. 

These aspects are explored in detailed herein utilising the results of the three listed aged care operators as a foundation, with some key trends, issues and outlook points outlined below.

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