84 Hotham St, Preston VIC 3072

Office Hours: MON – FRI 09:00am – 5:00pm


Email: [email protected]


Growth in Aged Care Forecasted to Overtake NDIS | GIHC

The growth of Australia’s aging demographic is estimated to account for a 40 per cent of increasing federal government spending on healthcare and elderly support services.

Over the forthcoming decade, the National Disability Insurance Scheme (NDIS) and interest payments on government debt are expected to show the most rapid growth among various spending categories. However, as the 40-year projection period draws to a close, spending on healthcare and aged care is predicted to experience the quickest growth.

In April, the national cabinet disclosed a strategy to achieve savings of $50 billion over the next decade by decreasing the growth target for NDIS, reducing it from 14 percent to eight percent by 2026.

More information can be found in the intergenerational report can be found here: https://treasury.gov.au/publication/2023-intergenerational-report

Get in contact for any in-home aged care inquiries and to arrange a free consultation.

🌐 https://gihc.com.au/
📞 1300 912 155, (03) 9863 6149
📧 [email protected]⁠  📧 [email protected]

Learn more about our in-home Aged Care Services

Try our calculator for self-funded individuals!

We understand that it can be stressful trying to figure out how much money the care you need will cost. We’ve made it easy to figure out how much it will cost for even the most complicated of care plans.