Aged care fee changes September 2018

Aged care fee changes September 2018 by Christine Hopper Residential Aged care fee changes September 2018 reflect the 1% increase in Centrelink Pensions effective from 20 September 2018. Each Aged Care Fee adjustment is relatively small but the overall impact is significant. Basic Daily Fee for Residential Aged Care The Basic Daily Fee for Commonwealth regulated residential Read more about Aged care fee changes September 2018[…]

My aged care independent financial advice

My aged care independent financial advice by Christine Hopper My aged care independent financial advice need My aged care independent financial information need arose when my family tried to understand my potential aged care costs.  I need residential aged care before I have another nasty fall at home. Whilst I own my home, I have Read more about My aged care independent financial advice[…]

Low Means Aged Care Resident Accommodation Contribution

Low Means Aged Care Resident Accommodation Contribution by Christine Hopper Low Means Aged Care Resident Accommodation Contribution The Low Means aged care resident Accommodation Contribution applies to new residents who are assessed as Low Means on entry to Commonwealth regulated permanent residential aged care. A Low Means aged care resident can only be asked to Read more about Low Means Aged Care Resident Accommodation Contribution[…]

Centrelink Pension Loans Scheme

Pensioner Homeowner principal residence exemption

Pensioner Homeowner principal residence exemption by Christine Hopper Pensioner Homeowner principal residence exemption for one land Title The DVA and Centrelink homeowner principal residence exemption applies only to your principal residence and the first two hectares of land covered by the single land Title that your home is on. For pension assessment purposes, your assets include real estate Read more about Pensioner Homeowner principal residence exemption[…]

Aged care daily care fee means tested amount

Aged care daily care fee means tested amount by Christine Hopper Aged care daily care fee means tested amount applies from July 2014 From July 2014, a new entrant to residential aged care is charged a Daily Care Fee based on her Means Tested Amount. The July 2014 Aged care daily care fee Means Tested Amount Read more about Aged care daily care fee means tested amount[…]