Ageing Australia welcomes the Western Australian Government’s commitment to a $100 million Low Interest Loan Scheme to support providers to develop, expand and refurbish residential aged care infrastructure.
The Cook Government’s scheme offers interest rates at below market rates to reduce barriers to capital investment and support the long-term sustainability of the aged care sector.
“This is an excellent example of a state government sharing the responsibility for aged care, and helping to prepare for a rapidly ageing population,” said Roald Versteeg, Ageing Australia’s General Manager of Policy and Advocacy.
“Investment in aged care now will improve the lives of older Australians, reduce the pressure on hospitals, and help prepare for the future.”
“Aged care in Australia is crying out for investment, but billions of dollars in losses over the years are making that difficult.”
“Aged care isn’t just a federal responsibility. We’re calling on all state and territory governments to help prepare for the future and Australia’s ageing population.
“We have to find more ways to spur investment in aged care, and every level of government will need to help.”
“Alarmingly, we’re currently building only a fraction of the beds we will need. In 2025, we saw about 800 new beds built, but we need to build 10,000 a year for at least the next decade just to meet demand.”
“We congratulate Premier Roger Cook and Health Minister Simone McGurk for turning their $100 million election commitment into reality.”
Media contact: Peter O’Dempsey 0499 106 957 or
About Ageing Australia:
Ageing Australia is the national organisation representing all providers of aged care to older Australians
