In response to the Royal Commission into Aged Care Quality and Safety, the Australian Government is improving choice of care services for senior Australians.

Supporting providers to improve operations

The Structural Adjustment Program supports residential aged care providers to improve operations and viability to meet the demands of a strengthened aged care market.

The program offers opportunities for providers to:

  • increase viability
  • improve governance and operations
  • ensure service continuity and long-term sustainability
  • support business improvement activities
  • transition ownership of a business to a new provider, or support an orderly close of business and leave the sector.

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Business Improvement Fund

The Business Improvement Fund gives short-term grants to eligible aged care providers who are experiencing financial challenges. The grants support small to medium size providers (7 or fewer facilities)  located in regional, rural and remote areas.

Grants are provided to improve residential aged care operations and viability, and to assist in the provision of high quality care senior Australians.

Round 1 results

The Business Improvement Fund Round 1 closed on 30 April 2021.

We invested more than $100 million to support over 200 residential aged care providers to improve their operations and viability. This includes $26.8 million as part of an extended first round to support an additional 54 providers.

Round 2 – applications open

Applications are now open for the Business Improvement Fund Round 2 through GrantConnect.

Priority is given to providers with limited access to financial support and may be facing financial pressures. These factors may impact care to residents located in regional, rural and remote locations.

Providers must submit independent business advice either from:

Alternatively, outcomes from our Aged Care Financial Monitoring and Business Assistance team can be used.

Applications that have shown a strong linkage to their business advisory service report recommendations have been more successful.

Structural Adjustment Fund

The Structural Adjustment Fund (SAF) will run until 30 June 2023.

The SAF aims to support providers to exit the market through transitioning ownership to a new approved provider or wind down operations in an orderly closure.

This is a closed grant opportunity; aged care providers will be invited to apply. The Aged Care Financial Monitoring and Business Assistance team will work with relevant providers. 

Last updated: 
21 January 2022