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$20 million: Eden on the Avenue opens at Deception Bay: more aged care beds and jobs in Brisbane's north.



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THE HON JUSTINE ELLIOT MP

Minister for Ageing

JON SULLIVAN MP

Member For Longman

MEDIA RELEASE

12 June 2009

$20 Million - Eden on the Avenue Opens at Deception Bay - More Aged Care Beds and Jobs in Brisbane’s North

Minister for Ageing, Justine Elliot was today joined by Member for Longman, Jon Sullivan to open the $20 million Eden on the Avenue aged care facility at Deception Bay.

The facility will be home to 122 older people and is the first in Australia to open with the help of a $3.6 million Zero Real Interest Loan - part of the Rudd Labor Government’s $300 million election commitment. The initiative supports new construction providing more beds for older Australians.

The construction of the home employed 675 workers and it is expected an additional 100 people will be employed at the facility.

Zero Real Interest Loans (ZRIL) are about finding new ways to encourage providers, through low cost finance, to establish or expand aged care services in areas of high need.

Minister Elliot said: “This is a practical and commonsense approach to tackling the need to create aged care beds in places like Deception Bay.”

“Australia has one of the world’s longest life expectancies and the Rudd Government is tackling the challenges of our ageing population by providing access to innovative approaches to the provision of ongoing care like the $300 million Zero Real Interest Loans.

“These Zero Real Interest Loans will provide up to 2,500 additional residential aged care beds throughout Australia in areas identified as having high needs,” Minister Elliot said.

“It is reassuring to see organisations like the Aged Care Services Group continuing to invest in and to construct new aged care facilities, creating jobs in these challenging economic times,” Minister Elliot said.

Mr Sullivan said: “Our community, like many parts of Australia, is facing the challenges of an ageing population.”

“The Rudd Government is planning for the future by expanding existing services in both residential and community aged care.

“In addition to the jobs provided in the construction of the facility this service will also provide valuable local jobs in the aged care sector,” Mr Sullivan said.

Over the next four years the Rudd Government will provide $44 billion to the aged and community care sectors.

For more information, contact Mrs Elliot's office on (02) 6277 7280