Aged Care Market
KPMG: Aged care market analysis 2022 – Analysis of Australia’s top 25 home care and residential aged care providers.
Workforce
It is projected that the number of Australians aged 85 years and over will increase from 515,700 in 2018–19, to more than 1.5 million by 2058, with increased frailty and co-morbidities.
As the population increases and the demand for aged care services increases, the workforce available to support the increasing demand is declining.
Across both home care and residential aged care, workforce attraction remains the biggest challenge for providers to support the delivery of safe, high-quality care and ensure they remain operationally viable.
