HomeGeneral News'Asset-rich' Aussies could struggle to afford aged care

‘Asset-rich’ Aussies could struggle to afford aged care

November 2, 2026

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Nine in 10 older Australians applying for aged care are on social welfare payments, a study shows. Alan Porritt/AAP PHOTOS

By Duncan Murray

A growing number of older Australians need government-subsidised aged care and social welfare despite being deemed asset-rich.

A study has revealed…

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