Aged Care now 1% of GDP
How many Operators recognise that Aged Care has hit 1% of GDP? Since 2015, Aged Care has been the fastest employment growth secor - even before the 'rich self-interested Baby Boomers' hit the Village & Care sector.
Big business, big opportunities, requiring big leadership
Consolidation and Disruption are inevitable
Current wisdom says today whole markets can fundamentally change in just two years (24 months).
Retirement villages, Home care and Residetnail Care will be no different - with massive consumer growth attracting new entrants.
Village Operators now Allied Care Operators
The average age of village residents is now 81. The average age on admission to Home Care Packages is 80.3 years for men and 81.0 years for women. Permanent residential aged care is 82 years for men and 84.5 years for women.
The Weekly SOURCE and DCM Media