Aged Care Connect
Respite, Complex Care,
& Dementia Placements.
Residential Care Fee Current Fees and Charges
Basic Daily Care Fee (Standard Resident Contribution) | $61.96 |
Income Free Area (single person) | $32,820 |
Income Free Area (couple) | $32,196 |
Residential Care Means Test | |
Asset Free Threshold | $59,500 |
First Asset Threshold | $201,231 |
Second Asset Threshold | $484,693 |
Family Home Exemption Cap | $201,231 |
Cap on Means Tested Care Fee Payments | |
Annual Cap | $33,309 |
Lifetime Cap | $79,942 |
Maximum Permissible Interest Rate (MPIR) | 8.34% |
Minimum Permissible Asset Level - the minimum amount of assets a resident must be left with if they pay at least part of their accommodation costs by Refundable Accommodation Deposit (RAD) | $59,500 |
Maximum Refundable Accommodation Deposit (RAD) - the maximum amount that can be charged for a room without prior approval from the Aged Care Pricing Commission | $550,000 |