State of the Australian Aged Care Sector

From rising demand to staffing shortfalls, this sector snapshot paints a compelling picture of aged care in Australia.

Growing Demand for Aged Care

There will be

4 Million

Australians aged between 65-84 by 2022

In the Next 40 Years

The number of Australians aged 65 and over will more than double in the next 40 years

Aged Care Facility Demand

The Aged Care Financing Authority estimates that around 76,000 new residential aged care facilities will be required to meet this demand in the next 10 years

ARTICLE

Beyond Care: The Future of Australian Aged Facilities

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Profile of Aged Care Residents

There are

Twice as many

women than men receiving aged care services. They are living longer and require greater care.

Gender Comparison of Elderly Receiving Aged Care Services

Women

Men

  • Annual Aged Care Entrants

  • Average Age of Residents

  • Percentage of Residential Care

  • Respite Care Percentage

  • Average Permanent Care Stay

46%

of permanent residential aged care residents had depression in 2016

&

63%

of permanent residential aged care residents have a high care need for cognition and behaviour

The Numbers

$17 billion

was spent by governments on aged care in 2015-2016 and an estimated funding will increase to over $20 billion by 2020

Government Money Spent on Aged Care

Graph Lines.png

$17 Billion

$20 Billion+

  • Aged Care Services

  • Government Funding

  • Aged Care Employment

  • Annual Revenue

ARTICLE

Inside the Expanding Australian Aged Care Sector

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Performance of Residential Facilities

Average EBITDA per resident per annum increased

8.9%

from 2014-2015 to 2015-2016

Average EBITDA Per Resident Per Annum

2014-2015

8.9%

2015-2016

  • Aged Care Services

  • Residential Care Revenue

  • Aged Care Total Assets

In 2015-2016…

  • The number of residential aged care facilities in operation was

  • The number of aged care providers running these facilities was

A Workforce in Demand

The aged care workforce will need to grow by

167%

by 2050 to meet industry demand

167%

Aged Care Job Vacancies

Aged care job vacancies exceeded applicants by 400% in 2016

Innovation in
Aged Care

INSIGHTS FROM INDUSTRY LEADERS

In this 23-page eGuide, we explore how innovative organisations are returning to the drawing board in a dramatic way with new approaches to building design, care environments and medical service operations.

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