“Unthinkable” aged care levy must be scrapped

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Health Services Union executive Gerard Hayes says the union will use Labor’s 2023 national conference to push for a royal commission into health funding and the introduction of a Medicare-style aged-care levy.

Hayes contends that the proposed levy of 0.65% would help ensure that elderly Australians have access to adequate care and that workers in the sector are paid correctly.

The aged care royal commission had proposed several options for increasing funding to the sector, including a flat income tax levy of 1% and changes to personal income tax levels.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.