Labor forfeits $1.6 billion in aged care savings to win Greens support (australia) — SMH
SMH ·australia ·2 hours ago

Labor forfeits $1.6 billion in aged care savings to win Greens support

Labor could lose half its planned $3 billion aged care savings if it agrees to Greens demands to exempt pensioners from private health insurance rebate cuts. The Greens will only support the bill if older pensioners are ringfenced, potentially forfeiting $1.6 billion in savings. Health Minister Mark Butler reintroduced the legislation Thursday despite Senate rejection Wednesday.

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Published 15 Oct 2026, 18:00 UTC · Updated 15 Oct 2026, 18:20 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections