The Hon Kristy McBain

Federal Member for Eden-Monaro

The Albanese Government is delivering $1 million to ensure aged care beds stay local, under the
Government’s Market Adjustment Program (MAP).

In July 2023, the Snowy Monaro Regional Council resolved to transfer Yallambee Lodge to Respect
Aged Care as part of its aged care divestment plan. Respect Aged Care was invited to apply for
funding under the MAP to support the transition.

The MAP provides funding to assist aged care providers avoid untimely service closures and assist
with transfer of critical services to new providers. It may also support initiatives aimed at improving
business capability, to reduce the chance of declining services.

This federal government support for the transfer agreement between Respect Aged Care and the
Snowy Mountain Regional Council has secured the future of the 40 places for the region.

This is just one of the ways the Australian Government is supporting the Snowy Monaro region and
comes on top of the doubling of the Roads to Recovery program funding.

This increase in Roads to Recovery funding will provide an additional $6.6 million to Snowy Monaro
Regional Council over the next five years, taking total funding to $15,350,082.

Quotes attributable to the Member for Eden-Monaro, Kristy McBain:

“I have listened to the Snowy Monaro community and I’m so proud to be delivering this funding to
keep our aged care beds local.

“This funding will also provide meaningful relief to Council’s budget so it can focus on core
business.”