Labor Reduces Private Health Subsidy for Older Australians Citing ‘Intergenerational Equity’

The move comes as Labor announces a $3 billion funding package for the aged care sector.

An elderly couple walk through a park in Sydney, Australia on, April 30, 2017. AAP Image/Paul Miller

Federal Health Minister Mark Butler has unveiled a $3 billion funding injection for Australia’s aged care system, framed as a push for “intergenerational equity.”

Announcing alongside major National Disability Insurance Scheme (NDIS) reforms on April 22, the package is aimed at dealing with a demographic time bomb.