A $1.95m deposit and $10k a month: welcome to the for-profit world of Australian aged care where no one is a winner | Julianne Schultz

Like all the privatised care services, the business of aged care is about property, cheap labour and public moneyFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastYou know you have entered the parallel universe of residential aged care when you find yourself saying, “Just to clarify, the deposit for the room is $1.95m, and the charges will be about $10,000 a month?”“That’s correct,” the kindly sales agent replies. Continue reading...