Aged care is a growing industry in Australia, with governments spending A$23.6 billion nationwide in 2020 – 21. The Australian population is ageing rapidly: by 2066, it’s estimated that 22% of the Australian population will be aged 65 years or over.
The sector is undergoing major reforms to improve care experience, quality and safety, workforce design, technology and innovation, strategic planning, infrastructure optimisation, and operational alignment.
If you’re a newer business or startup, there are incubators like innovAGEING to help you network and advance your ideas.
- Aged care provider IRT Group and CheckedIn Care developed the IRT Connect App, which helps clients stay connected to loved ones and manage their services.
- U City retirement residences were recognised for their innovation. They are considered the most mixed-use demographic high-rise developments in Australia, with access to extensive community service programs
- My Dementia Companion is an award-winning web-based tool that provides personalised and practical support to people caring for someone with dementia.