Katherine Rich: Aged Care Association chief executive concerned about the future needs of New Zealand's aging population
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
Concerns not enough is being done to meet demands of an aging population.
A report from commercial real estate company JLL says an extra 22,000 retirement village units are needed by 2033, a 33 percent annual increase.
It says demand's on track to be met, in terms of construction and planning.
The Aged Care Association's Katherine Rich says she's worried there won't be enough beds.
"We'd need another 13 and a half thousand by the end of this decade, and the Government has no plan. The problem is, they keep issuing loss-making contracts, so providers are closing their doors and not building enough."
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