Aged care sector faces $650m funding gap despite billions in annual sales
New Zealand's aged care sector is struggling with a $650 million funding shortfall even as retirement villages generate $5 billion in annual sales.
The aged care sector is facing a significant funding gap of $650 million, despite the substantial revenue generated from retirement village sales. A new report suggests that lack of profitability may be deterring further investment in the sector.
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Aged care sector faces $650m funding gap, despite $5b a year in village sales
A lack of profitability may be stalling further investment as well, new report finds.