Aged Care Connect
Aged Care Placement Service
Residential Care Fee Current Fees and Charges
Basic Daily Care Fee (Standard Resident Contribution) | $63.57 |
Income Free Area - Residential Care | |
Single person | $33,735 |
Couple, illness separated (single rate) | $33,059 |
Residential Care Means Test | |
Asset Free Threshold | $61,500 |
First Asset Threshold | $206,039 |
Second Asset Threshold | $495,117 |
Family Home Exemption Cap | $206,039 |
Cap on Means Tested Care Fee Payments | |
Annual Cap | $34,174 |
Lifetime Cap | $82,018 |
Maximum Permissible Interest Rate - from 1/10/24 | 8.38% |
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) | $61,500 |
Maximum Refundable Accommodation Deposit - the maximum amount that can be charged for a room without prior approval from the Aged Care Pricing Commission | $550,000 |