Regarding the potential of the $5m deal doubling to $10m, this was mentioned by PD himself as stated above by zmans. A very experienced mate of mine, after a few stouts with me last night, proposed this theory. It sounded very logical to me and so I thought I share it here with you all. I stress, this is not rumour, but just mere speculation after a few stouts. So here goes.
PD and Ken Wyatt in the process of discussing the $5m deal must have come to realised that there are more than 200,000 residents in aged care facilities. (We got the 200,000 number from this article:
http://theconversation.com/australi...-are-getting-bigger-and-less-home-like-103521) So PD must have said what happens if more than 100,000 applied as the $5m will only pay for that number. Ken Wyatt must have therefore suggested that PCK just roll out the deal first and if the number of applicants reaches around 200,000, then the government can double the deal to $10m.
If you all agree with the above, then I strongly believe PCK will know very soon if the government will need to double the deal or not. Once the application is opened, it won't take long for all those interested to apply. And I dare say, those interested should have applied within this month of October, if not within this quarter. So really, I speculate from here that if the deal is going to double or not, we should know by early 2020. After all, by then, surely any of the facilities interested would have applied and PCK would have done the numbers. And if the number is near 200,000 PD will surely go straight to the government that they need to double the deal or it would be most difficult to discriminate and decide which 100,000 gets it or not, right?
I would like to suggest an exercise for those who can attend the upcoming Techknow conference. Try and find out from PD how the government roll out is coming along. Especially in terms of number of beds applied. If his answer is anything near 200,000 already, then you can bet your bottom dollar the deal will double up as suggested
