Tag: Daily accommodation payment


Aged Care Help! The 5 Professionals You Need Most For Aged Care

Aged Care Help! The 5 Professionals You Need Most For Aged Care

Let’s face it, the journey to aged care can be a challenging time for the resident and the entire family.  We know you only want nothing but the best for yourself or for your loved one. But this doesn’t mean that aged care system should take up all of your energies. Help is available. One thing you need to know is there are some key...

Read More


Nursing Home Fees Up? New Aged Care Laws Hit Sydney Residents

Nursing Home Fees Up? New Aged Care Laws Hit Sydney Residents

From today (1 July 2014) the aged care system in Australia undergoes massive change. The Living Better, Living Longer Aged Care reforms become law, after five years of industry & community consultations. Two federal governments, three Prime Ministers and countless reviews later the moment has arrived. How will it affect you? We make some predictions below with our post Nursing Home Fees Up? New Aged Care Laws...

Read More


Do I Need to Sell My Home to Pay Aged Care Bond and Nursing Home Costs?

Do I Need to Sell My Home to Pay Aged Care Bond and Nursing Home Costs?

As financial planners who specialise in aged care advice, one of the most common questions we get asked is:  do I need to sell my home to pay the aged care bond and nursing home costs? The quick answer is ‘maybe’, but increasingly ‘no’. What do I mean by this? First, let’s start with the typical problem. You or a family member have been confronted...

Read More


Confusion over accommodation bond changes. Are aged care reforms a mess?

Confusion over accommodation bond changes. Are aged care reforms a mess?

Due to the rapidly ageing population in Australia our aged care sector has long been in need of reform. We can thank the previous Labor government for finally introducing much needed change with the Living Better, Living Longer reforms. With aged care costs skyrocketing in recent years as a share of federal government expenditure the aim of these reforms is to make the system more...

Read More