Senior Moves
Aged Care Placement Services
Aged Care Placement Services
| Basic Daily Care Fee (Standard Resident Contribution) | $54.69 |
| Income Free Area (single person) | $28,974 |
| Income Free Area (couple) | $28,454 |
| Residential Care Means Test | |
| Asset Free Threshold | $53,600 |
| First Asset Threshold | $178,839 |
| Second Asset Threshold | $431,517 |
| Family Home Exemption Cap | $18,839 |
| Cap on Means Tested Care Fee Payments | |
| Annual Cap | $29,399 |
| Lifetime Cap | $70,558 |
| Maximum Permissible Interest Rate (MPIR) | 4.07% |
| Minimum Permissible Asset Level - the minimum amount of assets a resident must be left with if they pay at least part of their accommodation costs by Refundable Accommodation Deposit (RAD) | $51,500 |
| Maximum Refundable Accommodation Deposit (RAD) - the maximum amount that can be charged for a room without prior approval from the Aged Care Pricing Commission | $550,000 |