Published: December 22, 2017
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1 January 2018 Rate Updates

The Department of Health (DoH) has released the new 1 Jan 2018 rate updates.

We have prepared an update file (5.5.12220.0) which contains the new rates and will push this out to your server so this can be run as per your usual update process. The file will be available for Version 5 users to run on Wednesday 27th December.

Version 4 users, we will start manually running the v4 file as per our previous rate update process. This will commence from 2nd Jan.


• Maximum Permissible Interest Rate (MPIR) will increase from 5.70% to 5.72% for the period of 1 January to 31 March 2018.

• The Base Interest Rate (BIR) remains unchanged at 3.75%.

Read more:

Schedule of Fees and Charges for Residential and Home Care From 1 January 2018 (.pdf)

Schedule of Fees and Charges for Pre 1 July 2014 Residents from 1 January 2018 (.pdf)

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Management Advantage Pty Ltd
Suite 2, 430 Rae Street
Fitzroy North
VIC 3068
1300 62 62 32


1300 62 62 32