The landscape of Australian aged care is about to undergo one of the most significant transformations we’ve seen in the last decade. 

Having successfully passed Parliament, the Aged Care Act introduces sweeping reforms across the sector from 1 July 2025.

Industry leader Aged Care Steps announces the winners of the 2024 Aged Care Adviser of the Year Awards, recognising excellence in the industry across two main categories, with the addition of a third award this year.

Industry leader Aged Care Steps has announced the Finalists for the 2024 ACS Aged Care Adviser of the Year Awards. The awards recognise the amazing work of Australian financial advisers in the ever-growing field of aged care advice.

The ifa Excellence Awards celebrate the pinnacle of achievement within the financial services profession, and Aged Care Steps is proud to be recognised as a finalist in three prestigious categories this year.

The Aged Care Bill, tabled in Parliament on 12 September 2024, brings significant reforms aimed at addressing the financial challenges of Australia’s aged care sector. This update provides a quick overview of the changes, but the Aged Care Steps team is continuing to analyse the changes and will provide more details as they become available.

Industry super funds are facing many challenges including meeting emerging regulatory requirements and the needs and demands of their members. Amongst these changes, navigating, planning and funding aged care and frailty in retirement have emerged as a ‘hot topic’ for superannuation funds.