Previous Residential Care Fees and Charges Advices
As at: 1 July 2001
Archived residential care fees and charges
Description | Old Rate (applicable to 30 June 2001) | New Rate (applicable from 1 July 2001) |
| Maximum 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 $23.46 up to $29.30 up to $22.66 up to $28.50 | up to $23.46 up to $29.30 up to $22.66 up to $28.50 |
| Maximum amount that can be paid as a daily income tested fee - Full Means Tested Pensioners - Part Means Tested Pensioners - Non-Pensioner (single) | N/A up to $18.20 up to $41.08 | N/A up to $18.20 up to $41.08 |
| Maximum income tested fee may only apply if you have a private annual income of at least - Full Means Tested Pensioner - Part Means Tested Pensioner (single) (married - combined) - Non-Pensioner (single) (married - combined) | N/A about $29,500 about $58,000 about $62,500 about $125,000 | N/A about $29,500 about $58,000 about $62,500 about $125,000 |
| Limit to accommodation bond size for Pensioner Supplement eligibility | $100,500 | $100,500 |
| Minimum amount of assets a person must be left with when calculating amount of Accommodation Bond or Charge | $25,000 | $25,000 |
| Maximum rate of daily Accommodation Charge - for concessional residents - for assisted residents - other residents | From 1 July 2000 N/A $6.17 $12.33 | From 1 July 2001 N/A $6.54 $13.07 |
| Maximum daily Accommodation Charge can be levied for residents with assets at entry of at least** | about $47,500 | about $48,900 |
| Asset cutoff level *** - for concessional resident status - for assisted resident status | $25,000 $40,000 | $25,000 $40,000 |
| Maximum permissible interest rate for Accommodation Payment agreements entered into - Accommodation Bonds - Accommodation Charge | From 1 April 2001 9.86% From 20 March 2000 7% | From 1 July 2001 8.89% From July 2001 6% |
| Pensioner Supplement | From 1 July 2000 $5.56 | From 1 July 2001 $5.69 |
(See also Residential Care Manual section 7.3.4 about variable fees for some pre 1 October 1997 hostel residents)
** Otherwise, the accommodation charge may be the lesser of the maximum rates below and the amount calculated as the margin of assets above $25,000 divided by 5 years (See section 8.3.4.4 of Residential Care Manual)
*** See Residential Care Manual for concessional (6.3.5.1.2) and assisted (6.3.5.1.4) status additional criteria.
Top of page
