Aged Care Financing Authority
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 Work Program
ACFA’s work program is set by a combination of legislative requirements and Ministerial direction.
2019 Annual Report on the funding and financing of the aged care sector
30 June 2019
ACFA’S consultation period now open – project looking at improving payment arrangements for home care
ACFA has opened its consultation period for the project looking at the financial impact of improving payment arrangements in home care.
ACFA is seeking written submissions responding to its consultation paper by Tuesday 12 November 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 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 Annual reports
ACFA presented its 2019 Report on the Funding and Financing of the Aged Care Sector to the Minister on 7 June 2019. 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 2017-18 year, and also examines issues and challenges emerging since 1 July 2018.
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.
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.
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