Better health and ageing for all Australians

Living Longer. Living Better.

Aged Care Financing Authority

The Aged Care Financing Authority will provide independent advice to the Government on pricing and financing issues, informed by consultation with consumers, and the aged care and finance sectors.

The Government announced the establishment of the Aged Care Financing Authority (the Authority) on 1 August 2012.

The Chair and Deputy Chair are independent appointments with Ms Lynda O’Grady to Chair the Authority and Professor Graeme Hugo to be Deputy Chair. Other Authority members are Mr Ian Yates, Mr Nicolas Mersiades, Ms Sue Lines, Mr Paul Gregersen, Mr Graham Hodges and Ms Sally Evans.

Media release

On 21 December 2012, the Minister for Mental Health and Ageing announced changes to Significant Refurbishment and Accommodation Payments.

Significant Refurbishment Recommendations

The Aged Care Financing Authority finalised its recommendations on the definition of significant refurbishment to the Minister on 21 November 2012. These recommendations have been accepted by the Minister.

Interim Operating Framework Recommendations

The Authority also submitted its recommendation on its Interim Operating Framework to the Minister on 28 September 2012. Minister Butler has approved these recommendations.

Accommodation Payments

The Authority provided its final recommendations on accommodation payments to the Minister on 28 November 2012. Minister Butler announced the Government's response to these recommendations on 21 December 2012.