Shadow Assistant Minister for Aged Care Ged Kearney says that the aged care sector receives $20 billion of federal funding without having to acquit for where that money goes. RMIT ABC Fact Check investigates.
the Corporations Act 2001 to force residential aged care providers to include "detailed financial information in their annual financial statements".from its analysis, as these relate to consumer bonds and deposits rather than federal subsidies.Ms Kearney also spoke of a lack of "transparency" around how taxpayers' money was spent, which Fact Check takes to mean reporting to the general public.
Experts told Fact Check there is some accountability regarding federal funds for aged care, but reporting for residential care suffers from a lack of detail and transparency. Similarly, Joseph Ibrahim, head of Monash University's Health Law and Ageing Research Unit, told Fact Check that more transparency was needed to show taxpayers what they get for their money, and to show residents how much is allocated and ultimately spent on their care. Ideally, he said, this would be provided as a personalised report.
Professor Hayward explained that the nature of the system made it impossible to know where every taxpayer dollar was spent, "because there's a mixture of private money and public money going into those providers". "The claim that agencies don't have to acquit where the money goes is therefore partially true," he said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Staff accuse Melbourne aged care home with largest COVID-19 outbreak of withholding PPEStaff from an aged care home with the largest coronavirus outbreak in Victoria say management should not have kept personal protective equipment locked away until an outbreak occurred.
Read more »
Aussies taking relatives out of aged careMore Australians are taking their elderly relatives out of aged-care facilities as the COVID-19 pandemic continues to expose cracks in the troubled sector, new data shows.
Read more »
WA nurse volunteering in Victoria tests positive for COVID-19A Western Australian nurse who volunteered in Victoria's residential aged care facilities has tested positive to COVID-19. 9News
Read more »
Federal aged care watchdog approved homes with worst COVID-19 outbreaksMany of the aged care homes hardest hit by Victoria's coronavirus outbreaks were given a clean bill of health by the federal regulator only months before their first infections.
Read more »
Riley doesn't want to miss a word. His 'superpower' ensures he doesn'tBorn deaf but not diagnosed until he was two, Riley Gurry has spent Melbourne's lockdown embracing his individuality – with a little help from new friends.
Read more »