Creswick Aged Care Terminates $18M Redevelopment After Funding Failure
1 report, 1 independent
Updated Oct 8
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What happened
John Curtin Aged Care (JCAC) in Creswick terminated an $18 million redevelopment project after failing to secure the required matching funds from the federal government's Aged Care Capital Assistance Program (ACCAP). The centre was required to provide $5 million to match the $13 million grant. JCAC subsequently entered into a Deed of Mutual Termination with the federal government.
Why it matters
The project's cancellation means the facility will not add 28 beds or provide additional staff positions. This outcome occurs amid broader industry challenges, as many aged care providers are currently closing wards due to growing staff shortages.
Who's involved
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The entities involved
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Creswick
town in Victoria, Australia
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