Market Adjustment Program

Overview

The Market Adjustment Program grant opportunity builds on the Government’s existing Market Adjustment Program which supports residential aged care providers (providers) that are facing financial viability concerns by expanding that support to Support at Home providers. The program provides funding (including ‘critical failure’ funding) to avoid premature aged care provider closures and, in appropriate situations, to support orderly exits and service or provider consolidation. In addition, the program may also fund initiatives aimed at improving business capability (to reduce likelihood of deteriorating performance). The overarching program intent is to reduce the risk to the safety of care recipients from disorderly closures or financial failure. The Market Adjustment Program Grant Opportunity is to safeguard continuity of care for care recipients through support for providers that are in most need of funding assistance, are strategically important (including those in thin markets) and

Eligibility Requirements

101001 - Aged Care

Who Can Apply

Relevant Industries

How to Apply

Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.