Aged Care Rating: How to View & Understand

Aged care ratings are quite new in the ever changing world of aged care. Understanding the quality of service provided by care facilities is so important when choosing care for a loved one. The Australian Government has implemented a Star Rating system, introduced in December 2022, to help individuals assess the performance of aged care homes. This system is a …

Transitioning to Aged Care: Tips for Family Members

Transitioning a loved one to an aged care facility is not an easy move. However, in most cases, it is recommended from a doctor to provide them the care they require. Transitioning a loved one to aged care can be challenging for all family members involved and can lead to feelings of guilt, worry, and helplessness. Here are some tips …

Will entering aged care affect my pension?

This is one of the common questions when people come to me for aged care financial advice. The answer is: if you receive a means-tested pension then the decisions you make about funding your aged care can affect your pension entitlement. The accommodation payment component of the aged care costs is exempt from the calculation of pension under the asset and …

Nursing Home Costs: All You Need To Know

Nursing home costs (or aged care facilities as they are now known) are made up of the following components: accomodation costs, daily fee, care fee and extra fee/service fee. The accommodation cost is determined once an income and assets assessment is completed. This is arranged through either the Department of Human Services or Department of Veteran Affairs. A resident will be classified …