Finance

NZIER: dangers of government underfunding for aged care

Jenny Ruth
Mon, 01 Aug 2022

NZIER: dangers of government underfunding for aged care
Aged Care Matters convenor Norah Barlow said funding is an urgent issue. (Photo: supplied)
Jenny Ruth
Mon, 01 Aug 2022
Government underfunding of aged residential care (ARC) is risking the number of aged care beds plateauing or even declining at a time when demand for such care is rising.That’s according to a report by the New Zealand Institute of Economic Research (NZIER) commissioned by lobby group Aged Care Matters.“Under the current model, there is little incentive for existing facilities to increase investment in new beds or facilities,” NZIER said.“This raises the risk that the number of beds available will plateau or even start to...

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