Economic report card on aged care sector
The Minister for Ageing Justine Elliot in Federal Parliament presented an economic report card on the aged care sector in Australia showing a positive outlook.
Building approvals in aged care for the last quarter reached record levels with more than $302 million in projects – an increase of 20.8% over the same period a year ago.
For the June 2008 quarter, there were $302 million in projects compared to $250 million in construction for the June 2007 quarter.
“This is great news and shows a real confidence in the future of aged care, ” Mrs Elliot said.
