Think about if we lived in a Western Australia the place moderately than seeing older folks and, by extension, the aged care sector, as a burden, we recognised the big social and financial alternative they introduced?
It’s a simple promote while you take a look at the basics, significantly contemplating the diversification of the WA economic system away from mining to even out these booms and busts.
The aged care sector is a well-established service trade going through a decades-long tsunami of demand, with an enormous requirement for capital funding and for workforce in any respect ranges.
The truth is, ACIL Allen has estimated the sector will develop twice as quick because the WA economic system over the following 10 years.
The sector already makes an employment contribution equal to the overall variety of folks immediately employed by Rio Tinto, BHP, Fortescue Metals Group and Woodside Petroleum mixed.
What’s extra, for each $1 in federal authorities funding, the sector returns $2.11 in advantages to WA, greater than Metronet over 20 years.
So why is the sector is just not supported in WA appropriately, given the clear social and financial affect it brings and the basic significance of its mission to