Should older Australians who can afford it pay more of the cost to their aged care?
There are currently 4.1 million Australians aged over 65 and this is predicted to increase to 8.8 million, that’s 22 per cent of the population, by 2057.
Tom Symondson, Chief Executive of Aged & Community Care Providers Association explains to Michael McLaren why he believes that baby boomers should be dipping into their own pockets if they can fund their own care. Currently the taxpayer picks up 90% and the individual 10%
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