The Association is pleased to share a recent development that will benefit aged residential care facilities across New Zealand.
Earlier this month, the government announced new rules requiring government agencies to pay smaller businesses faster. Government agencies are now expected to pay 90 percent of all domestic invoices within 10 working days. This rule comes into effect from 1st January 2025. We have clarified this with Health NZ | Te Whatu Ora and can confirm that this also applies to their payments made to aged care facilities. We welcome this development for the sector, as it means Te Whatu Ora will now process payments for aged care services more swiftly, improving cash flow and reducing administrative burdens for our members.
This change will help ensure that aged care providers can continue to focus on delivering high-quality care to New Zealand’s elderly population, without the added stress of delayed payments.
If you haven’t received your payment within the 10-day timeframe, please write to us at the Association.
We are committed to advocating for the aged care sector and ensuring that our members are treated fairly and promptly by all government agencies.
