We recently conducted the 2017 Corporate Administration Survey and had a response from a large number of aged care providers covering 457 residential care facilities with 35,164 operational places, 12,972 home care clients and 15,395 occupied independent living units. Across the 58 organisations that submitted data, revenues totalled $4.8 billion and aggregated total assets were a total of $15.8 billion.

The tax and superannuation highlights of Tuesday night’s Budget are summarised below:-

Our roadshow is taking an all-day forum around Australia, starting 15 October in Sydney then all the state capitals, and finishing in Launceston on 13 November.

Share Knowledge and Insights From Across the Whole Sector

The Aged Care Finance Forum is designed to inform the aged care sector. It explores the policy, operational and financial changes in the sector in 2019 and beyond, helping operators survive and prosper in an uncertain but exciting environment. The Forum is the opportunity for aged care providers and finance and operational staff across the sector to discuss challenges and share knowledge and insights.

More speakers have joined our programme at the StewartBrown 2019 Aged Care Finance Forums: Professor Mike Woods of the University of Technology, Sydney; Rachel Lane, author and aged care consultant head of Aged Care Gurus; Mike Callaghan, Chair of the Aged Care Financing Authority; and Fiona Somerville, Director of The Ideal Consultancy, will be joining us and presenting their perspectives on the Aged Care sector. Leaving no capital city out, StewartBrown is holding a forum in each of Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart and Launceston. Speakers will vary slightly from venue to venue, so we will be updating booked attendees by email - and in this space - with complete lists of speakers in each city.

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.

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

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.

This special edition of our newsletter is to remind you of your 2020 financial year employer obligations and provide you with an update on employment matters:-

The NSW and Federal Governments have announced additional support measures for businesses and individuals in NSW as the Greater Sydney lockdown looks set to continue well beyond this Friday, 16 July 2021.

As you would appreciate, not all details are available regarding eligibility. Some commentators have suggested details and examples will be released at 5pm Friday afternoon, we will keep you informed as further information is released.

This special edition of our newsletter is to remind you of your employer obligations for year ended 30 June 2021, as well as to provide an update on key changes from 1 July 2021 onwards. Please contact your StewartBrown Manager or Partner should you need any assistance with any of the matters mentioned in the newsletter.

Click here to view or download a copy of our newsletter.

The Aged Care Sector is at a critical juncture both in terms of fulfilling its obligations to residents and care recipients as well as remaining financially sustainable. The Royal Commission into Aged Care Quality and Safety determined that the current system is not fit for purpose and made 148 Recommendations in its Final Report. These recommendations were made to remediate the current system and to bring it up to a standard that is sustainable and meets the care needs and safety expectations of older Australians and their families.

The StewartBrown December 2022 (six months) Aged Care Financial Performance Survey incorporates detailed financial and supporting data from 1,138 aged care homes (92,312 beds/places) and 66,703 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.

Click here to download a PDF copy of the Stewartbrown Aged Care Financial Performance Survey report for December 2022 (six months).

The StewartBrown March 2023 (nine months) Aged Care Financial Performance Survey incorporates detailed financial and supporting data from 1,143 aged care homes (91,622 beds/places) and 69,753 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

Click here to download a PDF copy of the Stewartbrown Aged Care Financial Performance Survey report for March 2023 (nine months).