Aged care funding was 'totally inequitable' given the large growth in inheritances left by by rich Australians who should be using these assets to pay more for their own care while they were alive, the aged care commission heard | juliepower
Aged care funding was "totally inequitable" given the large growth in inheritances left by by rich Australians who should be using these assets to pay more for their own care while they were alive, the aged care commission heard.
Mr Callaghan, a former senior Treasury official, said on Thursday there had been a "large growth in inheritance" by the richest, yet those who could pay more for residential aged care were paying very little. ” where the rich got richer, and inherited wealth became the "dominant route to wealth in Australia".
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