Aged care: A massive money-making industry

Eileen Wood
By Eileen Wood
Updated September 9 2020 - 4:10am, first published 4:00am
Aged care providers made $1.1 billion in profits in the 2018 financial year.

While the aged care sector cries poor and calls for more government funding, a study commissioned by the aged care royal commission shows most providers are making a profit.

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Eileen Wood

Eileen Wood

Senior Journalist

I'm a senior news journalist at The Senior newspaper, the leading publication bringing targeted news on issues affecting older Australians. We cover NSW, Victoria, Queensland, Tasmania, SA and WA. If you have a story idea I would love to hear it. You can email me: eileen.wood@thesenior.com.au or phone The Senior 02-4355-5000, mob. 0490 373 465

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