The schedules for residential and home care fees and charges, as well as subsidies and supplements, have been updated to take effect from 20 March 2017 in line with changes to the basic age pension and indexation rates.

The Maximum Permissible Interest Rate (MPIR) applicable to ‘refund periods’ for refundable deposit balances and accommodation bond balances and for accommodation prices will increase from 5.76% to 5.78% for the period of 1 April 2017 to 30 June 2017.

The Base Interest Rate remains unchanged at 3.75%.

Read more:

Indexation rates for Residential Aged Care and Home Care Packages and changes to the Maximum Permissible Interest Rate (MPIR)

Residential Aged Care and Home Care Subsides and Supplements (.pdf)

Schedule of Fees and Charges – Residential and Home Care – for care recipients who commenced care on or after 1 July 2014 (.pdf)

Schedule of Fees and Charges – Pre 1 July 2014 Residents (.pdf)