Business News

It's hard to make money in aged care, and that's part of the problem

Written by Rafal Chomik, Senior Research Fellow, ARC Centre of Excellence in Population Ageing Research (CEPAR), UNSW

The rules make it hard to make reasonable money providing a reasonable service.Shutterstock

Prime Minister Scott Morrison announced a Royal Commission into Aged Care Quality and Safety on Sunday, responding to concerns about the sector one day before an ABC Four Corners program which was to air them.

AI can help the government spend billions better. But humans have to be in charge
Getty ImagesThe New Zealand government spends about NZ$51.5 billion each year – around 20% of GDP – on goods, ser…
‘America’s big case’: the US Supreme Court raises doubts about Trump’s tariff regime
The US Supreme Court has heard arguments overnight on the legality of President Donald Trump’s “liberation day&rd…
As retail workers brace for the silly season, this 20c solution could dial down customer verbal abuse
More than 1.4 million people are employed in Australian retail and fast food businesses. Sadly, it’s not always a happy…
Could a ‘grey swan’ event bring down the AI revolution? Here are 3 risks we should be preparing for
James Lauritz/GettyThe term “black swan” refers to a shocking event on nobody’s radar until it actually hap…
How the plastics industry shifted responsibility for recycling onto you, the consumer
Australia’s recycling system has been lurching from one crisis to another for decades. Soft-plastic schemes are collaps…
Navigating the New Normal in Fleet Operations: A Raw Look at 2025’s Industry Shifts
The Year of Reckoning for Fleet Management 2025 isn’t just another year for fleet operators. It’s the year where everythi…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

Understanding CFD Trading Platforms: Choosing the Right One for You
CFD (Contract for Difference) trading has become increasingly popular, allowing individuals to trade on various financial instruments without owning the underlying asset. This type of trading offers flexibility, leverage, and…
What You Need to Know About California Car Shipping
Car shipping offers an affordable solution to individuals or businesses needing to transport vehicles across borders, whether for personal reasons, such as purchasing new ones from dealers or private sellers…
No rate hike yet, but will it rise on Melbourne Cup Day? It all depends on petrol prices
If the Reserve Bank does push up interest rates again, the most likely next date is its next board meeting, on Melbourne Cup Tuesday.The November 7 meeting is especially important…

A new generation of young Australian small business owners is redefining success, driven by a desire to create a lasting legacy through the positi...

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...