Better health and ageing for all Australians

Previous Residential Care Fees and Charges Advices

As at: 1 July 2000

Archived residential care fees and charges

Description

Old Rate (applicable to 30   June 2000)

New Rate (applicable from 1 July 2000)

Basic Daily Care Fee
- Full or Part Means Tested Pensioner
- Non-Pensioner

Residents receiving care in a hostel before 1 October 1997*
- Full or Part Means Tested Pensioner
- Non-Pensioner

up to $22.58
up to $28.21



up to $21.78
up to $27.41

up to $22.58
up to $28.21



up to $21.78
up to $27.41
Maximum amount that can be paid as a daily income tested fee
- Full Pensioners
- Part Pensioners
- Non-Pensioner (single)


N/A
up to $13.66
up to $39.53


N/A
up to $17.52 #
up to $39.53
Maximum income tested fee may only apply if you have a private annual income of at least
- Full Pensioner
- Part Pensioner (single)
      (married)
- Non-Pensioner (single)
      (married)


N/A
about $22,500.00
about $45,000.00 about $60,000.00
about $120,000.00


N/A
about $28,500.00 #
about $56,000.00 #
about $60,500.00 #
about $120,000.00
Minimum amount of assets a person must be left with when calculating amount of Accommodation Bond or Charge
    - Single Person
    - Married Person



$24,000.00
$48,000.00



$24,000.00
$48,000.00
Asset level at which maximum Accommodation Charge may be levied**
- Maximum for (assisted residents)
- Maximum***


$38,500.00
$45,900.00


$38,500.00
$46,500.00
Limit to accommodation bond size for Pensioner Supplement eligibility

$96,500.00

$96,500.00
Maximum rate of daily Accommodation Charge****
- for concessional residents
- for assisted residents
- other residents

N/A
$6.00
$12.00

N/A
$6.17
$12.33
Maximum permissible interest rate for Accommodation Payment agreements entered into
   - Accommodation Bonds


   - Accommodation Charge


From 1 April 2000
9.650%

Prior to 20 March 2000
6%


From 1 July 2000
9.950%

From 20 March 2000
7%
Pensioner Supplement****
From 1 July 1999
$5.45
From 1 July 2000
$5.56
# These amounts have changed in line with the easing of the pension income test from 1 July 2000.
* Residents may be asked to pay an accommodation charge on a sliding scale, based on the margin of assets above $24,000 divided by 5 years.
** Asset level at which maximum accommodation charge can be levied varies in line with July indexation changes and also in March and September when aged pensions are indexed.
*** Pensioner Supplement and the maximum daily Accommodation Charge are indexed annually on 1 July.
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