Final answer:
The Commonwealth Act that covers Aged Care in Australia is called the Aged Care Act 1997. It provides the legislative framework for funding and regulation of aged care services in Australia.
Step-by-step explanation:
The Commonwealth Act that covers Aged Care in Australia is known as the Aged Care Act 1997. This act provides the legislative framework for the funding and regulation of aged care services. While the information provided touches on various healthcare initiatives, such as the Social Security Act of 1965, which introduced Medicare and Medicaid in the United States, it is important to differentiate between U.S. and Australian legislation. Australia has its own system of laws and regulations governing aged care, separate from those in the United States or other countries. Therefore, if a student is seeking information on Australian Aged Care, they should refer to the Aged Care Act 1997, which outlines the standards, accreditation processes, and financial structures for aged care services within Australia.