Monday, August 29, 2011

Australian aged care reforms - how will they affect your retirement plans?

The Australian Productivity Commission recommendations on reforms to aged care services has been released. The most contentious proposals concern older people making a larger contribution towards the cost of their own care, and new government-backed schemes to enable the sale or release of equity in the family home to fund that care. How will this affect your retirement plans and the care available for family members? Read more on the News and Information page on the Seniors Housing Online website.

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