Aged Care Financing Authority

Page last updated: 16 May 2019

The Aged Care Financing Authority (ACFA) provides independent advice to the government on funding and financing issues, informed by consultation with consumers, and the aged care and finance sectors.

ACFA roles and responsibilities

The committee's roles and responsibilities are set out in the ACFA Committee Principles.

  • Mr Mike Callaghan AM PSM (Chairman)
  • Mr Nicolas Mersiades (Deputy Chair)

Other members are:

  • Mr Gary Barnier
  • Ms Louise Biti
  • Ms Susan Emerson
  • Dr Mike Rungie
  • Mrs Natalie Smith
  • Prof Mike Woods
  • Mr Ian Yates AM

ACFA members' biographies

ACFA Work Program

ACFA’s work program is set by a combination of legislative requirements and Ministerial direction.

Project

Key date

2019 Annual Report on the funding and financing of the aged care sector

30 June 2019

ACFA’s Submission to the Royal Commission into Aged Care Quality and Safety.

ACFA provided its submission to the Royal Commission into Aged Care Quality and Safety on 29 April 2019.

ACFA’s Submission to the Royal Commission to the Royal Commission into Aged Care Quality and Safety.

ACFA Update on funding and financing issues in the residential aged care industry

Following the release of the ACFA's 2018 Annual Report on the Funding and Financing of the Aged Care Sector, the Minister for Senior Australians and Aged Care, and Minister for Indigenous Health, the Hon Ken Wyatt AM MP, asked that ACFA provide an update of its assessment of the funding and financing issues currently impacting on the residential aged care sector.

The report was provided to the Minister on 8 October 2018.

ACFA Update on funding and financing issues in the residential aged care industry 

ACFA Annual reports

ACFA presented its 2018 Report on the Funding and Financing of the Aged Care Sector to the Minister on 31 July 2018.  The report examines developments, issues and challenges affecting the sector, and provides a range of statistics and analysis of the provision of aged care in Australia. This report includes analysis of financial data collected from the 2016-17 year, and also examines issues and challenges emerging since 1 July 2017.

2018 ACFA Annual Report on Funding and Financing of the Aged Care Sector

All previous years of the ACFA Annual reports

ACFA Respite Care Project

ACFA has completed the report on the increasing use of respite care and the appropriateness of the current arrangements, including funding structures, for providers and consumers. The report was submitted to the Minister for Senior Australians and Aged Care and Minister for Indigenous Health, the Hon Ken Wyatt AM, MP, on 31 October 2018.

View ACFA’s Report on respite for aged care recipients

ACFA Consumer Finance Project

ACFA has completed the report on understanding how consumers plan and finance aged care. The report was submitted to the Minister for Senior Australians and Aged Care and Minister for Indigenous Health, the Hon Ken Wyatt AM, MP, on 30 November 2018.

View ACFA’s report on understanding how consumers plan and finance aged care.

Contact

For more information please email: acfa.secretariat@health.gov.au

More information