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Question: You and a group of investors are interested in setting up a chain of aged care homes in a number of Local Government Areas in Australia. In order to do this successfully you need to ensure that the regions you choose will support your business over the next 10 years. Your minimum criteria are:
•enough adults who are likely to need aged care
•these adults have the funds to pay for aged care (how you identify that is up to you but you need to document this criteria)
Your task is to prepare a report to be presented to your co-investors which identifies two (2) Local Government Areas in Australia which meet your criteria. Your report should demonstrate how these Local Government Areas meet the minimum criteria above and additional criteria which you have identified. You should also identify additional statistical information that is required before a final decision is made to start building the first aged care centre.