Australia's Elderly Population
Over 3.2 million Australians are aged 65 years or older, representing 14% of our population. By 2051 nearly 20% of Australians will be aged 70 years or older, and the number of people aged 85 years and over is projected to quadruple.
At the same time the Australian aged care industry is currently worth over $13 billion, with nearly 70% of that coming from the taxpayer in the form of subsidies.
Each Australian should have a personal as well as public interest in how the aged care sector is run, and how care services are provided to our elderly.
The Aged Care Reviews Story
Aged Care Reviews was founded by two Melbourne-based entrepreneurs in mid 2013. Each had first hand experience that highlighted the difficulty in placing a loved one in aged care with access to little, if any, indepedent and reliable information.
Aged care is now an $13 billion industry, with some of the country’s largest companies involved in the sector. Families are regularly asked to put up hundreds of thousands of dollars for bonds to get a place. This is without any real certainty of the quality of the service and care of the facility. Accreditation is against a minimum standard done on a pass/fail basis, with reassessment occurring only every 3 years.
The founders knew that if user generated reviews provided consumers valuable insight and information for simple decisions, such as which hotel to stay at or which restaurant to eat at, there was a more compelling reason to provide insight and transparency to support an intimate, complex, traumatic and personal decision like placing a loved one into aged care.
What We Believe
Aged Care Reviews believe there is no better way to encourage aged care operators to promote quality care and services than through the cleansing effect of light and transparency achieved through public reviews.
Aged Care Reviews brings transparency to the aged care sector by providing Australia’s only dedicated aged care review website. In addition, Aged Care Reviews aims to host a focused online community that will share information and include feedback from operators, staff and industry experts.
To assist families in making a difficult decision easier by becoming Australia’s largest and most trusted provider of relevant information to current and future residents and their families in the aged care sector.
Kenneth Ray – Co Founder & Chief Executive Officer
After making a series of mistakes in his early twenties, Ken has a burning desire to give back to the community by using the power of technology and disruption to assist the most vulnerable.
As a co-founder of Aged Care Reviews, Ken has been responsible for product conceptualisation and development, marketing and sales process development, technology solution implementation and client liaison. Ken holds a Bachelor of Laws and Bachelor of Commerce from The University of Melbourne, and a Master of Business (Property) from RMIT University.
Over ten years Ken has held a number of national business development, B2B sales, management strategy and business leadership roles in the property and construction sector – including most recently an advisory role to an Asian-based aged care/ retirement joint venture operator.
Andrew Henderson – Co Founder & Chairman
Andrew is currently the Chief Executive Officer of a well known B2B leadership and training group operating throughout Australia and New Zealand, having held a range of sales management, leadership and training roles in the real estate and financial services industries over the past twenty years.
Gary Inberg – Non Executive Director
Gary is a former Chairman of Investec Nominees, the Trustee Company for Investec Bank Australia, having spent a career in investment banking and property. He is currently Deputy Chairman of Montefiore Homes – a leading NSW aged care operator that has a number of facilities that are internationally recognised as being leading in design and care provision. Gary brings significant financial management, investment banking and aged care operator experience.
Nirmal Hansra – Non Executive Director
Nirmal is a strategic thinker with over 40 years’ experience in corporate governance, strategic planning, risk management, mergers and acquisitions, capital restructure and business systems. Nirmal has strong executive, board and advisory experience across IT&T, pharmaceutical and healthcare, mining, retirement villages, financial and professional services companies.
Nirmal’s current board appointments include ASX listed retirement villages operator Eureka Group Holdings Ltd, employment services provider Campbell Page Ltd, community banker Kuringai Financial Services Ltd, peak advocacy body Council of the Aging NSW and charity NF Australia Ltd.
Trevor Vas – Non Executive Director
Trevor Vas is an entrepreneur that has grown a number of businesses in the Human Capital space. These include: Australasian Talent Conference (ATC), Human Capital Management Solutions (HCMS), Insidejob, ResourcingCRM and others.
An Executive Director of ICT software platform provider PNORS Technology Group, Trevor also works with a number of start-ups and businesses as a Director and Advisor.