So let me get this straight, a 20sqm room in a for-profit aged care facility requires a $1.95m deposit and $10k a month in fees.
And the cheaper $1.25m rooms? When residents die, they get renovated and re-listed for $1.65m.
This is the market delivering for our most vulnerable. Aged care isn't about care anymore, it's about property speculation, cheap labour, and siphoning public money.
Meanwhile, the bed blockers (a cruel term for frail older people) are stuck in hospital because they can't find a bed, even if they can afford a $750k deposit.
This is what happens when you privatise essential services. Profit becomes the goal. People become the product. And the system becomes a nightmare to navigate for those who can least cope.
#AusPol #AgedCare #PrivatisationFails https://www.theguardian.com/australia-news/commentisfree/2026/aug/30/australia-for-profit-aged-care