Australia:Taskforce highlights need for new approach to funding aged care The Department of Health and Aged Care's Final Report of the Aged Care Financing Taskforce stresses the need for a new funding approach in aged care to support sustainability, fairness, and innovation. The report highlights challenges such as increasing demand, high-quality expectations, and financial viability issues. Recommendations include fair co-contributions based on means, a safety net for low-income individuals, and transparent fee structures, aiming to ensure smooth transitions for older people and providers. The report emphasizes the importance of government funding while rejecting a specific tax or levy for aged care funding.