Aged care too dear

Updated April 24 2018 - 9:24pm, first published January 5 2016 - 6:23pm

Tom Allard reports on the annual survey of aged-care homes by Bentleys Chartered Accountants ("Nursing home profits soar as care level falls", January 2, p5). His report states that between 2014 and 2015 "the average bond – known as a refundable accommodation deposit – also rose by 40 per cent, from $154,116 to $217,839".

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