Regis Healthcare Responds to Delay in Aged Care Act Implementation

Regis Healthcare Ltd. ( (AU:REG) ) has shared an update.

Regis Healthcare Limited has acknowledged the Australian Government’s decision to delay the commencement of the new Aged Care Act 2024 from July 1, 2025, to November 1, 2025. This postponement affects the implementation of funding reforms outlined in the Act, potentially impacting the company’s operations and planning. Regis has committed to keeping stakeholders informed as further details emerge, maintaining transparency in line with its disclosure obligations.

The most recent analyst rating on (AU:REG) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Regis Healthcare Ltd. stock, see the AU:REG Stock Forecast page.

More about Regis Healthcare Ltd.

Regis Healthcare Limited is one of the largest aged care operators in Australia, providing services to over 10,000 older Australians. The company offers a range of services including residential aged care homes, home care service hubs, day therapy and respite centres, and retirement villages. Regis is committed to delivering high-quality care through its workforce of more than 12,000 employees.

Average Trading Volume: 732,247

Technical Sentiment Signal: Buy

Current Market Cap: A$2.44B

For detailed information about REG stock, go to TipRanks’ Stock Analysis page.