What does aged care cost?
Residents in Australian Government subsidised residential aged care can be asked to pay fees as a contribution towards accommodation costs, living expenses and the cost of their care. There are strong protections in place to ensure that care is affordable for all residents. The Government recognises that not all residents can pay for the entire cost of the care they receive, so provides substantial subsidies to assist with these costs. The companies or other organisations that run aged care homes may ask residents to pay two main types of charges based on income and assets – daily fees (more information) and accommodation payments (more information). The government calculates and regulates maximum daily fees. Fees vary according to people’s assets and income when they entered care, and what type of care they receive. This website will help you to understand how these fees and payments are calculated, based on your financial circumstances and your particular care needs. Read more: Fees
