It’s hard to believe how fast 2023 is flying by
Can you believe that Spring is here already. Now that winter is behind us it’s a wonderful time to get out and about, enjoy the sunshine and welcome the warmer weather.
In the media recently, you may have heard about a new Intergenerational Report (IGR) released by the Federal Government on August 24. The Report has given us insights into the economic drivers for the next 40 years – until 2062-63, it also provides insights into the future of aged care services in Australia. We believe that being well-informed is the key to facing the evolving aged care landscape with confidence and adaptability.
Here’s a summary of the key points of the Intergenerational Report and as it pertains to aged care.
- Population Growth and Demographics Shift from a younger demographic to an older population
One of the significant projections from the report is the anticipated increase in the number of aged care recipients. This presents us with both challenges and opportunities. Our population is expected to reach 40.5 million by 2062–63. Concurrently, the ageing phenomenon will persist, revealing a substantial shift in the age composition of our nation.
Over the course of the next 40 years, the IGR anticipates that the number of Australians aged 65 and above will more than double, while those aged 85 and older are poised to more than triple. - Balancing Care Approaches
The IGR highlights the importance of striking a balance between residential and community care. We recognise that each person’s needs are unique, and we’re dedicated to offering the right care options, whether it’s our quality residential care or personalised community-based support. - Ensuring Financial Resilience
With projected changes in aged care spending, financial preparedness is vital. We want to assure you that McLean Care is diligently assessing our financial strategies, exploring innovative funding approaches, and making sure we’re well-positioned to provide sustainable care for years to come. - Adapting to Changing Preferences
As the preferences of older Australians shift towards ageing in their own homes, we’re adapting our services to meet these changing needs. We’re expanding our home care offerings, enhancing home-based care packages, and ensuring that our residents have the choice and flexibility they desire. - Empowering Our Workforce
Our dedicated staff plays an integral role in providing exceptional care. With projected changes in wages and quality expectations, we’re committed to nurturing and retaining skilled professionals who share our passion for delivering high-quality care. - Embracing Technology for Enhanced Care
Technology is playing an increasingly vital role in enhancing the quality of care we provide.
At McLean Care, we’ve embraced digital solutions that streamline communication, and introduced innovative ways to stay connected with our residents and their families. Our commitment to staying at the forefront of technology is evident through our use of remote monitoring, telehealth services, and simplified communication for both residents and families. - Coming Together for a Bright Future
The IGR emphasises the significance of collaboration within the aged care industry and advocating for supportive policies. We believe that by working together, sharing experiences, and advocating for positive change, we can create a sustainable and effective aged care system that benefits everyone.
At McLean Care, we’re well-prepared to face these challenges head-on. With our commitment to strategic planning, quality care, and the wellbeing of our community, we are not only navigating the changes ahead but also embracing the opportunities that come with growth.
Thank you for being a part of our McLean Care family. Together, we’re building a future where exceptional care and support remain at the heart of everything we do.
Sue Thomson – Chief Executive Officer