Commonwealth regulated aged care Means Tested Care fees

Commonwealth regulated aged care Means Tested Care fees by Christine Hopper All aged care residents pay a Basic Daily fee for housekeeping costs and most permanent residents are charged some accommodation costs. In addition, permanent aged care residents with significant levels of assets and/or income are expected to contribute to the costs of their personal Read more about Commonwealth regulated aged care Means Tested Care fees[…]

Disability Support Pension Eligibility

Deemed financial income calculation

Deemed financial income calculation   by Christine Hopper Centrelink and DVA pension income tests use your deemed financial income rather than your actual income form financial assets. What is the formula for the deemed financial income calculation? Interest rates in the deemed financial income calculation Two interest rates are prescribed for the deemed financial income Read more about Deemed financial income calculation[…]

Aged care means tested amount DVA compensation exemption

Aged care means tested amount DVA compensation exemption by Christine Hopper The aged care means tested amount DVA compensation exemption applies only to the veteran who suffered the injury or illness. Aged care means tested amount The Commonwealth regulates and subsidies the provision of formal aged care both in aged care facilities and ‘at home’. Read more about Aged care means tested amount DVA compensation exemption[…]