3,000 Vulnerable Australians Affected as 70-Year Care Provider Annecto Closes Despite $993K Surplus
Annecto, one of Australia’s long-standing aged care and disability service providers, is closing its doors in July 2025 after 70 years of operation. This closure directly affects more than 3,000 elderly people, veterans, and people with disabilities who depend on Annecto’s services to live independently. “This decision was not made lightly,” said Annecto Chair Colleen Furnaletto in a statement released Wednesday. The organization cited “service model shifts in the aged care and disability sectors and financial challenges” as the key factors behind the shutdown. With 19 locations across Victoria, New South Wales, Queensland, and the Australian Capital Territory, Annecto employs … Continue reading 3,000 Vulnerable Australians Affected as 70-Year Care Provider Annecto Closes Despite $993K Surplus
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