Good morning and welcome to Australian Ageing Agenda’s full coverage of the Federal Budget 2014-15, which the Treasurer Joe Hockey handed down last night.
On this page you will find links to all our Budget articles, which provide highlights of the major aged care and health programs, as well as stakeholder reaction, and an in-depth look at some of the Budget initiatives.
Aged care highlights In a hotly anticipated move the Federal Government has redirected the $1.5 billion from the previous government’s Workforce Compact back into the general aged care funding pool, which will see an increase of 2.4 per cent in the basic subsidy for both residential and community care providers.
Health highlights The Budget contained a significant boost for medical research, with $200 million for dementia, while funding to continue the PCEHR was also allocated, and confirmation that Medicare Locals will be replaced.
Stakeholders react Australian Ageing Agenda’s round-up of reaction to the Federal Budget 2014-15 from aged care providers, consumer groups, policy experts and other aged care stakeholders.
Concern with AIHW move Researchers and stakeholders in aged care have raised concerns over what the proposed dismantling of the AIHW could mean for the future of aged care and ageing-related research.
Cash payments for older workers Employers will be offered up to $10,000 to hire older workers under the Abbott Government’s Restart program announced in the Budget. But seniors advocates and experts say the rehashed scheme won’t be enough to tackle the complex barriers to mature age employment.