Aged Care Accommodation

Supporting you through one of life’s most emotional decisions

When a loved one can no longer live safely at home, the transition into aged care can feel overwhelming. The emotions are real — and the financial decisions can be complex. We’re here to make this stage clearer, calmer, and easier.

We provide specialist financial advice to help you understand aged care fees, funding options, and how best to structure your finances when entering an aged care home. Our goal is to give you confidence at a time when clarity matters most.

Why getting advice helps

Aged care decisions affect more than just today — they can influence future care needs, estate planning, and long‑term financial security. Speaking with an experienced aged‑care adviser ensures you understand your options and make fully informed choices.

The Australian Government subsidises part of aged care costs, but residents also contribute. What you pay depends on your financial situation and the home you choose.

Understanding Aged Care Fees

Refundable Accommodation Deposit (RAD)

A lump sum paid for your room.

• Fully refundable when you leave
• Government guaranteed
• You have 28 days after moving in to choose a lump sum, a Daily Accommodation Payment (DAP), or a combination Strict rules govern how this money is held and refunded.

Basic Daily Care Fee

Covers everyday living costs such as meals, cleaning, laundry, heating and cooling.

• Paid by all residents
• Set at around 85% of the single Age Pension

Means Tested Care Fee (MTCF)

An additional fee some residents pay based on their income and assets.

• Determined by Centrelink
• If you don’t complete the assessment, you’ll be charged the maximum rate
• For couples, half of combined income and assets are counted
• Annual and lifetime caps apply — once reached, you pay no more Fees paid for Home Care Packages also count toward these caps.

Extra or Additional Services Fees

Optional fees for higher‑standard accommodation or extra services such as hairdressing, entertainment, or premium amenities. These vary between providers.

A family decision

We encourage families to discuss options together and make a fully informed decision before signing any aged‑care agreement. The right advice can make this transition far less stressful.

For an obligation free chat, call us today on  0411 246 256 or send us a quick message and we will get back to you promptly.