Better health and ageing for all Australians

Previous Residential Care Fees and Charges Advices

As at: 1 July 2004

Archived residential care fees and charges

In this section:

Description

Old Rates (to 30 June 2004)

New Rates (from 1 July 2004)

Maximum Basic Daily Care Fee#:
- all respite residents (pensioners and non-pensioners)
up to $27.15
up to $27.15
- other residents who receive a full or part means-tested Australian pension##
up to $27.15
up to $27.15
- other non-pensioner residents ###
up to $33.89
up to $33.89
Residents who were receiving care in a hostel on 30 September 1997 and who
are NOT currently at a home that was a nursing home before 1 October 1997.
- residents receiving full or part means-tested Australian pension##
up to $26.35
up to $26.35
- non-pensioners###
up to $33.09
up to $33.09
Residents who are currently receiving care in the same 'hostel' where they were living on 30 September 1997 and who are paying 'grandparented' variable fees
(see Residential Care Manual section 7.3.3)
Maximum Daily Income Tested Fee:
- residents receiving a full means-tested Australian pension
N/A
N/A
- residents receiving a part means-tested Australian pension
may be asked to pay
up to $20.98
up to $20.98
if they have private income per year of: (single)
$33,667
$33,719
(married - combined)
$66,606
$66,710
- non-pensioner residents
may be asked to pay
up to $47.56
up to $47.56
if they have private income per year of: (single)
$72,367
$72,419
(married - combined)
$144,007
$144,111
Pensioner allowable limit for accommodation bonds:
The non-pensioner rate of basic daily care fee (above) may apply for pensioner
residents whose accommodation bond is over this amount
$116,500
$116,500
Minimum assets a person must be left with when calculating the maximum
Accommodation Bond
$29,000
$29,000
Maximum Accommodation Charge for new entrants to your home
*
- for concessional residents and charge exempt residents
N/A
N/A
- for residents who firstenter residential aged care from 1/7/2004
    . assisted residents, if their assets at entry are at least $45,973
$9.30
    . other residents, if assets at entry are at least $58,657
$16.25
    . other residents, if assets at entry are less than $58,657
calculated amount**
- for residents who firstentered residential aged care before 1/7/2004
    . assisted residents, if their assets at entry are at least $41,958
$6.96
$7.10
    . other residents, if assets at entry are at least $54,897
$13.91
$14.19
    . other residents, if assets at entry are less than $54,897
calculated amount**
Asset cutoff level
- for concessional ***resident status
$29,000
$29,000
- for assisted ***resident status
$46,500
$46,500
Maximum permissible interest rate
for Accommodation Payment agreements entered into
- Accommodation Bond
From 1 April 2004
to 30 June 2004
9.57%
From 1 July 2004 to 30 Sept 2004
9.51%
- Accommodation Charge
From 20
March 2004
6%
From 20 March 2004
6%
Age pension per fortnight (maximum basic rate)
$447.30
$447.30
Age pension per fortnight (maximum basic rate + GST supplement)
$464.20
$464.20
# Residents in designated remote areas may be asked to pay an additional $1.06 per day
## 'Pensioner' maximum rate also applies to blind pensioners & non-pensioner residents who have a dependent child
### 'Non-pensioner' maximum rate also may apply for pensioners who agree to pay a bond above the 'pensioner allowable limit'
** Margin of assets over $29,000 divided by 5 then divided by 365 (See section 8.3.3.4 of Residential Care Manual).
*** See Residential Care Manual for additional criteria for concessional (6.3.5.1.2) and assisted (6.3.5.1.4) status.
* Rate remains unchanged for resident's stay in the one home, regardless of annual indexation of the max. rate for new entrants
Top of page