aged care royal commission

What happens when Australia’s best poets and writers walk into the world of scientists? How do they feed of each other’s brilliant, inventive minds to help us understand one of the most challenging experiences of our lives ... watching a loved one slowly lose their mind?  

Victoria’s aged care sector is struggling to service nurse-to-patient ratios. What does it mean for the government’s 24/7 election promise?

Find out more about The Front podcast here and read about this story and more on The Australian's website or search for The Australian in your app store.

This episode of The Front is presented by Kristen Amiet, produced by Kristen Amiet and Lia Tsamoglou, and edited by Tiffany Dimmack. Our regular host is Claire Harvey. The multimedia editor is Lia Tsamoglou, and original music composed by Jasper Leak.

See omnystudio.com/listener for privacy information.

Victoria’s aged care sector is struggling to service nurse-to-patient ratios. What does it mean for the government’s 24/7 election promise?

Find out more about The Front podcast here and read about this story and more on The Australian's website or search for The Australian in your app store.

This episode of The Front is presented by Kristen Amiet, produced by Kristen Amiet and Lia Tsamoglou, and edited by Tiffany Dimmack. Our regular host is Claire Harvey. The multimedia editor is Lia Tsamoglou, and original music composed by Jasper Leak.

See omnystudio.com/listener for privacy information.

Sarah Holland-Batt's dad Tony was a loving father, her intellectual mentor and her friend. At 18, she became one of his carers. Later she battled an aged care system which let him down in the worst way possible (R) 

Our expert panellists explore the new era in governance for aged care providers, looking at incoming regulation and how aged care organisations can drive meaningful change.

Our panellists in this episode were MinterEllison partners Penelope Eden and Donna Worthington, Virginia Bourke (Chair of Mercy Health) and Graham Hodges (Chairman of Regis Health).

For more information about aged care governance and other important updates about the sector, visit Royal Commission: Aged Care Quality and Safety.

Find out more about MinterEllison at www.minterellison.com.

Copyright MinterEllison 2022

See omnystudio.com/listener for privacy information.

Almost in a reverse of what we’ve seen over the last week, the Nasdaq surged 2.9% and the S&P500 rose 2.4%. Investors bought heavily into big tech giants and economic recovery stocks, and sold down on bonds. So long-term interest rates have fallen and importantly they’ve also stabilised, proving the risk on mood is back. 

The futures are suggesting the Aussie share market will lift 0.7%, which will be a nice addition to yesterday’s 1.7% push up. 

What to watch today:

• Tech stocks will see a lot of action today - after pulling back 13% last week. 
• Agricultural stocks like Elders (ASX:ELD), Greenlane Renewables (ASX:GRN), Nufarm (ASX:NUF) and Rural Funds Group (ASX:RRF), as the Ag-body ABARES is forecasting the sector will recover $66b of their produce this year. 
• Aged care companies like Estia (ASX:EHE) and Regis (ASX:REG) who are likely to receive an extra $452m in funding in the wake of the Aged Care Royal Commission.  
• Building permits are out today for Jan - the market expects permits to have fallen 3% in Jan. 
• The RBA meets today – all eyes will be on stimulus - as in how much more bonds will be bought to keep the AUD low. 

Trading ideas:

• Atomo Diagnostics (ASX:AT1) was initiated as a Bell Potter speculative Buy with a $0.60 target, implying 155% upside. 
• UBS increased its Buy recommendations on Nufarm (ASX:NUF) with a $5.70 price target. 
• BlueScope Steel (ASX:BSL), Straker Translation (ASX:STG) and OFX Group (ASX:OFX) are all giving off bullish charting signals according to Trading Central. 

A bit of a rebound is on the cards to kick off March. The futures are suggesting the Aussie share market will lift 0.4% at the open. 

This comes as the iron ore price rose, while big US tech names rebounded at the weekend, as bond yields retreated from their one-year peak. 

What to watch today:

• Tech stocks are expected to see a bit of excitement and buying the dip action today.
• Cyclical stocks like banks, energy, mining and industrial companies, could see some extra buying this week.
• Keep your eye on aged care companies: Estia (ASX:EHE) and Regis (ASX:REG) as the Aged Care Royal Commission is due to hand down about 100 recommendations for the sector today.
• Commodity stocks will see mixed action today. Oil fell 3% to US$61.50. Gold tumbled 3%. Silver fell 3%. Iron ore rose 0.6% and the coal price rose almost 2%. 

• Eco data out this week: home loan application data for Jan is out today, the RBA meets tomorrow to decide on interest rates & economic growth data for the last quarter of 2020 is out on Wednesday.

Trading ideas:

• BWX (ASX:BWX) had its Buy rating upgraded by Bell Potter, with an increased $5.40 target. BWX was upgraded factoring in new partnerships, sales agreements, and its increased global presence. 
• UBS reiterated its Buy recommendation on coal giant, Whitehaven Coal (ASX:WHC) with a $2.30 price target. With the stock WHC up 25% in 6-months, and coal prices continuing to recover, UBS sees stronger returns to shareholders. 
• OFX Group (ASX:OFX), Macmahon Holdings (ASX:MAH) and Mortgage Choice (ASX:MOC) are giving off bullish charting signals according to Trading Central.