Base interest rate (BIR) and maximum permissible interest rate (MPIR) for residential aged care


BIR and MPIR for residential aged care

We aim to provide documents in an accessible format. If you're having problems using a document with your accessibility tools, please contact us for help.

Publication date: 
3 July 2020
Last updated: 
8 March 2022
Publication type: 
Intended audience: 
Health sector

This document includes a table of the current and previous rates, and information on:

  • calculating accommodation payments and contributions
  • calculating interest on refunds of accommodation lump sum balances
  • calculating late fees and charges
  • how the BIR and MPIR are determined.