More Aged Care Fee Increase Pain on the Horizon

More Aged Care Fee Increase Pain on the Horizon

By All About Aged Care / Mar 07, 2023 / 0 Comments

All of us have been noticing how much inflation is impacting our lives. Whether it be mortgage or rent payments, fuel, electricity, or groceries, we are all paying more for pretty much everything. Aged care is no exception, with another aged care fee increase coming. Basic Daily Fees in aged care are reviewed by the […]

Read More
After Budget of Aged Care

After the Budget

By All About Aged Care / Oct 28, 2022 / 0 Comments

Treasurer, Dr Jim Chalmers delivered his first budget on 25 October 2022. For the most part, economists have praised it as being conservative and sensible. Aged Care is one of the “winners”. $3.9 billion will be allocated to the aged care sector. Many of the items to be funded have already been flagged by the […]

Read More

Somewhere over the rainbow

By All About Aged Care / May 24, 2022 / 0 Comments

Should you downsize your family home if aged care is on the horizon? As we approach the election the Coalition has announced that it is extending the category of people who can downsize their family homes and receive tax concessions if they put up to $300,000 of the surplus into superannuation. The rule exists at […]

Read More
Your Retirement Partner | All About Aged Care

Retirement Villages: The most complicated finance contracts in Australia

By All About Aged Care / Feb 10, 2022 / 0 Comments

People occasionally approach me for advice about acquiring a unit in a retirement village. More often though, I have to consider the documentation they have signed as they wish to dispose of the unit in order to fund their move into permanent residential care. Many people have very positive experiences of life in the retirement […]

Read More
Where to for aged care reform in 2022?

Where to for aged care reform 2022?

By All About Aged Care / Dec 10, 2021 / 0 Comments

On 1 March 2021 the report of the findings and recommendations of the Royal Commission into Aged Care Quality and Safety was tabled in Parliament. It proposed that a new Aged Care Act should come into effect by no later than July 2023 to give effect to the recommendations. In total, 148 recommendations were made. […]

Read More

The 2021 – 2022 Budget: Can the Titanic be turned around?

By All About Aged Care / May 24, 2021 / 0 Comments

It’s easy to see why most people believe that the aged care sector was the big winner in this year’s budget delivered by Federal Treasurer Josh Frydenberg on 11 May 2021. After all, it promises nearly $18 billion in additional funding over the next five years. The need for increased funding has been apparent for […]

Read More
Scroll to Top
Call Now Button