All Episodes

August 23, 2023 4 mins

Concerns not enough is being done to meet demands of an aging population.

A report from commercial real estate company JLL says an extra 22,000 retirement village units are needed by 2033, a 33 percent annual increase.

It says demand's on track to be met, in terms of construction and planning.

The Aged Care Association's Katherine Rich says she's worried there won't be enough beds.

"We'd need another 13 and a half thousand by the end of this decade, and the Government has no plan. The problem is, they keep issuing loss-making contracts, so providers are closing their doors and not building enough."

LISTEN ABOVE

 

See omnystudio.com/listener for privacy information.

Mark as Played

Advertise With Us

Popular Podcasts

Dateline NBC
BG2Pod with Brad Gerstner and Bill Gurley

BG2Pod with Brad Gerstner and Bill Gurley

Open Source bi-weekly conversation with Brad Gerstner (@altcap) & Bill Gurley (@bgurley) on all things tech, markets, investing & capitalism

Crime Junkie

Crime Junkie

If you can never get enough true crime... Congratulations, you’ve found your people.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2024 iHeartMedia, Inc.