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News$35 Million in Federal Funding Awarded to Care Economy CRC to Drive Innovation in Australia’s Care Sector

$35 Million in Federal Funding Awarded to Care Economy CRC to Drive Innovation in Australia’s Care Sector

Care Economy CRC has been awarded $35 million in federal funding through the round 25 grants scheme.

Key Assets Australia, as a member to the Care Economy Cooperative Research Centre (CRC) is pleased to share that the Care Economy CRC has been awarded $35 million in federal funding through the round 25 grants scheme.
The Care Economy CRC is a $129 million partnership of 60 organisations across Australia, collaborating on care technology, data solutions, and workforce initiatives.
The consortium aims to develop and implement innovative solutions to improve care over the next decade.
Partners include leading technology organisations and research institutions working together with aged care, community healthcare, disability services, early childhood education, family services, housing, mental health, wellbeing, and youth services.
Headquartered at La Trobe University in the Research and Innovation Precinct, the CRC will focus on:

  • Development of care technologies, apps, and interfaces
  • Connected information systems
  • Navigation and decision support tools
  • Workforce skills development
  • New technology-enabled models of care

"The Care Economy CRC has brought together a broad coalition who, working together, can improve care in these important sectors. We express our gratitude to La Trobe University for the work that has gone into bringing together these parties who can drive change," said Care Economy CRC Chair, Deena Shiff.
Interim CEO Carmela Sergi stated, "The care economy is a rapidly growing part of Australia's economy, affecting the lives of many Australians. The CRC is dedicated to encouraging innovation and supporting change to achieve contemporary and sustainable future care."
Key Assets Australia is proud to be a member of the Care Economy CRC, highlighting our commitment to improving outcomes for children, young people, and families across Australia.

For more information, please visit [CRC] (https://www.careeconomycrc.com.au/)

Key Assets Australia deeply honours and celebrates the rich and enduring cultures of Aboriginal and Torres Strait Islander peoples, recognising them as the oldest continuing cultures in the world. We respectfully acknowledge the traditional custodians of the lands and waters where we live and work. We recognise their profound spiritual connection to the land and pay heartfelt respects to Elders past, present, and emerging. We acknowledge the deep trauma, grief, and loss experienced by these communities, both historically and presently, and commit to walking alongside them in support and solidarity.

Key Assets Australia is a non-government, not for profit, non-religious, children, family and community services agency. Our purpose is to achieve positive and lasting outcomes for children, families, and communities.

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