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ALL IN THE FAMILY: Tax and Financial Practices of Australia’s largest Family-Owned Aged Care Companies

Submitted by the Tax Justice Network – Australia and CICTAR to the Royal Commission into Aged Care Quality and Safety.
This report looks into the tax and financial practices of Australia’s six largest family-owned aged care companies – Arcare, Aegis, McKenzie, Hall & Prior, TriCare, and Thompson – which in 2017-18, received over $711 million in federal funding, averaging nearly $60,000 in federal funding per bed.