Schedule of Fees and Charges (1 January 2020) Update to Maximum Permissible Interest Rate

The Maximum Permissible Interest Rate (MPIR) applicable to accommodation prices and to refund periods for refundable deposit balances and accommodation bond balances will decrease from 4.98% to 4.91% for the period of 1 January 2020 to 31 March 2020.

Date published:
Type:
Subscriber announcement
Audience:
Health sector

The Maximum Permissible Interest Rate (MPIR) applicable to accommodation prices and to refund periods for refundable deposit balances and accommodation bond balances will decrease from 4.98% to 4.91% for the period of 1 January 2020 to 31 March 2020.

The Base Interest Rate remains unchanged at 3.00%.

View the current and past refundable deposit balances and accommodation bond balance refund interest rates

Schedule of Fees and Charges

View the updated Schedule of Fees and Charges that will take effect from 1 January 2020 for:

If you have any questions contact My Aged Care contact centre on 1800 200 422.