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Crying poor while raking in the money: Non-profit aged care homes under scrutiny in new report

Crying poor while raking in the money: Non-profit aged care homes under scrutiny in new report

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While many not-for-profit nursing homes are crying poor and calling for increased funding from the Government, a new report has shown some providers are generating large profits.
Entitled “Caring for Growth, Australia’s largest non-profit aged care providers”, the report by the Centre for International Corporate Tax Accountability & Research, claims that the largest non-profit residential aged care operators fail to account for billions of dollars in Federal Government funding and prioritise…

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