The Department released the new 20 September, Schedule of Fees and Charges for Residential and Home Care yesterday afternoon.
We are building the new rates into a v5.7 mini-release, and it will be available to run first thing on Monday (23rd) morning. There are some additional changes with this version so there will be a release note made available for download this week.
Relevant rates for refundable deposits and daily payments
• Maximum Permissible Interest Rate – 1 October 2019 – 31 December 2019: 4.98%
• Base Interest Rate: 3.00%
Read more:
Schedule of Fees and Charges for Residential and Home Care: From 20 September 2019 (.pdf)
Aged Care Subsidies and Supplements New Rates of Daily Payments from 20 September 2019 (.pdf)