03/06/2026
LET'S CLARIFY THE NUMBERS. A range of different figures have been shared across social media regarding the Fraser Coast Hospice's financial position. We understand this can be confusing, so we'd like to provide some clarity.
The Hospice's annual operating costs are approx. $2.4 million per year, equating to around $200,000 per month.
Current recurrent State Government funding is approx. $1.62 million per year, equating to around $135,000 per month.
The Hospice also receives a modest amount of income from private health funds & the Department of Veterans' Affairs and on average $10,000 - $20,000 per month from fundraising activities, donations, sponsorships, & other community support initiatives.
While these income streams are important & deeply appreciated, they havenโt been sufficient to bridge the non-funded gap of approx. $780,000 per year.
The Board's preferred outcome remains an increase in recurrent State Government funding from 1 July 2026. An increase of approx. $65,000 per month would address the current funding shortfall & provide a significantly more sustainable pathway forward.
Alternatively, recent discussions with Queensland Health regarding the Hospice's funding arrangements have provided greater clarity around potential future revenue-generating opportunities that may assist in strengthening the organisation's long-term sustainability.
While encouraging, these opportunities require significant work to develop, establish appropriate governance frameworks, & implement before any revenue could be realised.
The Board believes that approx. $500,000 in bridging support would provide the time & operational certainty required to pursue these opportunities responsibly.
Importantly, the Board is aware of approx. $140,000 in donations that may become available should a viable pathway forward be established, including a significant contribution offered by a generous supporter.
This means the remaining bridging requirement is approximately $360,000.
The Board remains committed to being transparent with the community & thanks everyone who continues to advocate for the future of the Fraser Coast Hospice.