Aged care royal commission benefits Generation X: it’s too late for the silent generation
A surprising group of people stand to benefit from the aged care royal commission, whose hearings start today. These are residents of nursing homes in the far future — people in their 50s and 60s, and their children. How is that possible?
All current nursing home residents the royal commission was established to help will have died before there is any substantive change.
The latest statistics show there are 207,142 older people living in 2,695 facilities owned by 902 different providers. These providers receive more than A$11.2 billion a year from the commonwealth government. A total of 57,769 residents, or more than 27%, die every year.