Economic report card on aged care sector
Posted
by DPS
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.