• Focus News EU is an independent media based in Europe
  • providing the world's latest news, the definitive source for independent journalism from every corner of the globe.

Former Australian Treasurer Says Aged Care Forms Too Complex

World Ethan 1weeks ago (09-16) 6Views 0Comments

Justice Department Watchdog Probing Handling of Stone Sentencing

The Justice Department has launched an internal inquiry into the circumstances surrounding the handling of the criminal case of Roger Stone, former political adviser to President Donald Trump. The probe by the department’s inspector general will reportedly look into Attorney General William Barr’s February decision to override a sentencing recommendation for Stone made by rank-and-file prosecutors. The prosecutors recommended a sentence of seven to nine years in prison for Stone, but the department later filed another recommendation asking for a lighter sentence. The DOJ’s Office of the Inspector General would not “confirm or deny the existence of any ongoing investigation” to The Epoch Times. Meanwhile, DOJ spokeswoman Kerri Kupec told media outlets that they “welcome the review.” She did not immediately respond to The Epoch Times’ request for comment. The revelation…

Former Australian Treasurer Says Aged Care Forms Too Complex

Former treasurer Peter Costello told a聽royal commission that despite his financial literacy, he had trouble filling out complex aged care paperwork and has no idea how someone going into a nursing home could be expected to do it.

The federal government uses asset and income tests to determine how much people pay for residential aged care or services provided in their home.

Costello, Australia’s longest-serving treasurer of 11 years, said he tried to complete the forms with his family.

“I think I’m reasonably financially literate. I had a lot of trouble filling it in,” he told royal commission hearings examining the sector on Sept 16.

“I don’t know how a person going into a nursing home would ever be able to fill it in.”

Costello believes it is fair to have an assets and income test, but said the paperwork included more than 100 questions across 27 pages.

“This is extremely complex. You can sit down and you can devise the best income and assets test in theory, but can I just urge you, you have got to administer it,” he said.

The seven-day hearing is examining how aged care is funded and whether improvements can be made to financial models and regulation.

Costello warned against raiding the $168 billion future fund during the coronavirus pandemic to inject money into the sector.

“This fund, not only is it deriving the Commonwealth income, but it’s on the balance sheet and this is where it adds real value,” he said.

“At a time when the Commonwealth is borrowing a lot of money, it’s got very few financial assets, this would be its biggest financial asset.

“It strengthens the balance sheet and strengthens the credit rating.”

On Sept. 14, former Labor prime minister Paul Keating proposed a HECS-style scheme to fund aged care for people in their home.

The commission heard residential care providers receive $11.7 billion a year in Commonwealth subsidies and about $12.4 billion in overall revenue, including residents’ contributions.

But counsel assisting the commission, Peter Gray QC, said current reporting requirements mean residential providers aren’t adequately revealing how they spend the money.

By Ethan James

Focus News: Former Australian Treasurer Says Aged Care Forms Too Complex

Daimler to Pay $2.2 Billion in Diesel Emissions Cheating Settlements

WASHINGTON—Daimler AG will pay $2.2 billion to resolve a U.S. government diesel emissions cheating investigation and claims from 250,000 U.S. vehicle owners, court documents show. The German automaker and its Mercedes-Benz USA LLC unit disclosed on Aug. 13 it had reached a settlement in principle resolving civil and environmental claims tied to 250,000 U.S. diesel cars and vans after the automaker used software to evade emissions rules. Daimler said in August expected costs of settlements with U.S. authorities would total $1.5 billion, settling with owners will cost another $700 million and also disclosed “further expenses of a mid three-digit-million EUR (euro) amount to fulfill requirements of the settlements. Deputy Attorney General Jeff Rosen said the settlements, which follow a nearly five-year investigation, will “serve to deter any others who may…

The article is from the Internet, and the content does not represent the position of this website.丨This website usesBY-NC-SAagreement for authorization
please indicate the link for reprint:Former Australian Treasurer Says Aged Care Forms Too Complex
Likes (0)
Post my comment
Cancel comment

Hi,You need to fill in your nickname and email address!

  • Nickname (Required)
  • Email (Required)
  • Link