Our People


Ray Scott is a Director of the Business Advisory division in Melbourne and the National Director of Aged Care.

Ray has over 19 years' experience in small to medium-size family businesses. In addition to Aged Care, Ray also has experience working with industries including retail, wholesale, manufacturing, telecommunications and finance.

Utilising his financial and analytical skills and systematic methodology, Ray is often sought out to provide ongoing and specific management advice.  He seeks to develop a very strong rapport with his clients, enabling him to provide real business management advice.

"I am motivated by the opportunity to act as a strategic advisor in order to understand a client's business, to assist in achieving the goals of the key stakeholders​".

Ray's superpower is providing high-level health checks using RSM's vast resources.  He also appreciates competitive sports and enjoys watching sport in his downtime.

Ray Scott is a Partner of RSM Australia Partners and a Director of RSM Australia Pty Ltd.

Solutions Ray provides

Ray assists his clients to establish, expand, and ultimately extract wealth from their business and offers advice on:

  • business restructuring and planning
  • Ray Scott is the National Director of Aged Caresale/acquisition of businesses and assets
  • accommodation pricing and daily accommodation payments
  • strategic review and profit
  • improvement strategies
  • taxation and superannuation planning
  • government grants and assistance
  • cashflow management and budgeting
  • finance applications and funding

Significant projects

  • Provided ongoing training and support to many Aged Care providers in relation to the recent accommodation pricing changes to the Aged Care Act
  • Presented to and advised many Aged Care providers on improving profitability and making applications for, Aged Care Approval Rounds, significant refurbishment (high accommodation supplement), and pricing applications greater than $550,000
  • Establishment of new Australian branches or subsidiaries
  • Financial Impact Assessment and Accommodation Pricing change
  • Development of Accommodation tools and templates
  • Feasibility studies on additional bed licences
  • Multiple presentations to LASA Victoria members on the above
  • Outsourced accounting
  • Outsourced CFO services
  • Family office


  • Member, Chartered Accountants Australia & New Zealand
  • Member, Taxation Institute of Australia


  • Bachelor of Economics (La Trobe University)
  • Post Graduate Diploma in Economics (Melbourne University)

Significant changes to Aged Care Financial Reporting

11 November 2022
Recommendation 133 from the Royal Commission into Aged Care Quality and Safety is currently being implemented. It will introduce more stringent reporting requirements and strengthen prudential requirements for approved providers. What is changing? The new reporting requirements will help the Government to monitor and support aged care p...

New framework concept for regulating aged care

8 April 2022
The government announced a concept paper that outlines a new, improved approach for regulating aged care. The introduction of the new framework aims to strengthen and enhance the protection and rights of older Australians.

The journey towards independent Aged Care governance and a new act

31 August 2021
The Royal Commission into Aged Care Quality and Safety released its final report in March 2021 with a focus on Aged Care Governance. While there were 148 recommendations, the first recommendation was that a new act come into force by no later than 2023.  We are now nearly six months on from the release of the report with less than two ...

COVID-19 funding boost for Aged Care industry

6 August 2020
The Federal Government recently announced a $52.9 million funding boost to provide further financial support for residential aged care providers during the COVID-19 crisis. COVID-19 Aged Care Support Program The Aged Care Support Program worth  $52.9 million runs over the 2020 and 2021 financial year and supports Aged Care Providers with...

New COVID-19 funding announced for the Aged Care Industry

29 April 2020
The Federal Government has announced new funding for the aged care sector to support staff retention in residential aged care and to assist with the viability of aged care facilities, as the sector continues to support the nation’s elderly during the COVID–19 crisis. How will the 'Retention Bonus' be paid to aged care workers? Full-time d...

Economic impact of COVID-19 on the Aged care and health sectors

16 March 2020
The coronavirus will put immense pressure on the Australian aged care and health sectors. Given older people are most at risk from the virus, Australia’s aged care facilities have urgently put in place controls to avoid the spread of the virus ahead of a potential outbreak. According to a health study undertaken in China to assess the risks in...

Case study: ADG Prestige Builders

1 January 2015
“RSM offers strategic advice particularly when it comes to managing finance. I will be looking to Ray and the team in the next five years to provide advice on the best way to finance the business to sustain growth”. - Adam Guilmartin, Owner ADG Prestige Builders was established in 2002 after owner Adam Guilmartin decided a career c...