Australia's Regis Healthcare slides 35% after government aged-care pricing decision
03/09/2026 01:30
BUZZ-Australia's Regis Healthcare slides 35% after government aged-care pricing decision ** Shares of Regis Healthcare REG.AX fall as much as 34.6% to A$3.85, post their biggest intraday pct drop
** Shares of aged care operator hit their lowest level since early-August 2024
** Company says the Australian government's increase in the Australian National Aged Care Classification starting price is significantly below cost inflation and does not reflect the underlying cost of care
** YTD, shares down 40%
(Reporting by Nichiket Sunil in Bengaluru)
Recent news on Regis Healthcare
See all newsJefferies says Australia's aged-care funding rise is inadequate after Regis shares plunge
Regis Healthcare says Australia's aged-care funding rise lags inflation, shares slump (updated)
Australia's Regis Healthcare slumps as aged-care funding raise falls short of cost pressures
Brief: Regis Healthcare Says AN-ACC Starting Price To Increase 2.55% To A$303.19 Effective October 1
Australia's Regis Healthcare slides 35% after government aged-care pricing decision