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THE HON JUSTINE ELLIOT MP

Former Minister for Ageing

Statement on Conditional Adjustment Payment

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Any change to funding the Conditional Adjustment Payment is a matter for consideration by the Government in the context of the Budget, the Minister for Ageing, Justine Elliot, has said.

PDF printable version of Statement on Conditional Adjustment Payment (PDF 17 KB)

1 May 2008

In response to inquiries from News Limited publications, the Minister for Ageing, Mrs Justine Elliot said:

"Any change to the future funding of the Conditional Adjustment Payment (CAP) is a matter for consideration by the Government in the context of the Budget.

"It is a long standing principle to neither confirm nor deny what is, or is not, part of the budget process.

"The Federal Government is committed to the long-term viability of the Australia’s aged care sector and the protection of the nation’s frail and elderly.

"That is why – on March 20 – we introduced changes to the funding of aged care in Australia which includes the ACFI (Aged Care Funding Instrument).

"These changes will see more than $1.13 billion over four years invested in the sector.

"Once fully phased in, the increases in payments will deliver more than $300 million a year in additional revenue, mostly for high care.

In addition, on March 22, we announced the Federal Government will provide $300 million in zero real interest loans to help the aged care sector create beds in areas designated as high need."

Details: Ministerial office - (02) 6277-7280

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