The schedules for residential and home care subsidies and supplements have been updated and will take effect from 1 July 2017. This includes fees and charges. The Maximum Permissible Interest Rate (MPIR) will also change effective from 1 July 2017.

The Aged Care Funding Instrument (ACFI) subsidy rates are not indexed and so have not changed, giving effect to the Government’s 6 December 2016 announcement of an indexation pause across all ACFI domains in 2017-18.

Read more:

Indexation of Residential Aged Care and Home Care subsidy and supplement rates from 1 July 2017