Aged Care Connect
Aged Care Placement Service
Aged Care Facilities in Northern Territory
From 20 September 2024, the following aged care fees will become effective:
The Basic Daily Care Fee increases to $63.57 pd (from $61.96 pd).
The Fully-Supported Asset Threshold increases to $61,500 (from $59,500).
The Non-Supported Asset Threshold increases to $206,039 (from $201,231).
The maximum Daily Accommodation Contribution (DAC) for refurbished / non-refurbished rooms will be $69.49 pd / $45.31 pd respectively.
The effective Refundable Accommodation Contribution (RAC) for a refurbished facility, above the 40 % fully supported ratio, will be $303,395 which will put pressure on persons looking for a fully supported placement, given that the average RAD is now higher than this amount.
The Maximum Permissible Interest Rate (MPIR) has not yet been finalised for 1 October 2024, however recent RBA inaction suggests that the MPIR will remain around the current 8.36% pa.
The Basic Daily Care Fee and some aged care thresholds are indexed to the Age Pension. On the 20 September 2024, the single age pension increases from $1,116.30 fn to $1,144.40 fn. This is based upon recent increases in the cost of living reflected in the Pensioner & Beneficiary Living Cost Index (PBLCI).
Learn about RAD, DAP & MPIR ...