Home equity and personal capital in aged care
5 March 2015

Home equity and personal capital in aged care

Benetas CEO, Sandra Hills, responds to comments by the Minister for Social Services, Scott Morrison, on the issue of home equity and funding for aged care.

Ms Hills said that this issue was part of a broader discussion which needed to be had in terms of personal capital, funding and the sustainability of the aged care sector in Australia.

“The Minister is correct in saying we need to ensure our domestic system is robust and sustainable,” Ms Hills said.

“How we manage home equity and personal capital in terms of providing aged care for a growing population is a critical issue.

“This is a discussion that must be had but one which should be thorough and wide-ranging.”

Read Benetas' full statement in the Benetas Media Centre.