Aged Care Connect
Aged Care Placement Service
MINLATON SA
Yorke and Northern Local Health Network Incorporated
Melaleuca Court Nursing Home
69 Main STREET MINLATON SA 5575
Beds: 35
State Government
Service Provider: Yorke and Northern Local Health Network Incorporated
The Maximum Permissible Interest Rate (MPIR) increased to 8.42% effective from January 1st 2025.
As facilities proceed to increase RAD’s, the lesser profitability of a concessional resident will result in a clear preference for RAD paying residents.
The effective Refundable Accommodation Contribution (RAC) on a refurbished aged care home, above the 40% concessional ratio, will be $302,671 from 1st January 2025, which will put pressure on those looking to find a concessional placement given average RAD’s are now much higher than this amount.
More about RAD, DAP & MPIR ...
Do you need to find respite or permanent placement at Melaleuca Court Nursing Home or another aged care home in the MINLATON area?
We have helped many families through this difficult time and have detailed knowledge and experience to help you with this important decision about Melaleuca Court Nursing Home.
Don't be too hasty and make easy mistakes. Access our knowledge and experience prior to making a decision which will have a major impact on your elderly loved one.
First select the RAD Amount that has been agreed to:
Agreed RAD: $
Use the slider to see how your daily accommodation payment (DAP) will change depending on the lump sum component of the RAD paid. The daily payment is based on the current maximum permissible interest rate (MPIR) of 8.42%.
| % |
Lump Sum Paid: $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.42%pa
(from 1/01/2025)
Do you need to arrange an immediate placement?
Arrange Placement Now