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 …

How Do I Qualify for Aged Care Services in Australia?

As we or our loved ones age, the need for specialised care and support becomes increasingly important. In Australia, various aged care services are available to provide assistance tailored to individual needs. However, navigating the eligibility requirements and understanding the process can be complex. In this post, we will guide you through the steps to qualify for aged care services …

What is Help at Home?

Help at home is helping older people stay at home longer. As people get older, living independently in their own home can become more difficult. When things start becoming harder than they once were, perhaps it is time arrange for some help at home. Asking for help doesn’t mean loss of independence; it’s usually quite the opposite. Getting a little …

Moving into a Retirement Village? You Need to Read This.

This article was written by Rachel Lane from Aged Care Gurus. If you are thinking of moving into a retirement village, you probably have not worked out what happens after you leave. While many people know about retirement village exit fees— a complex formula of management fees, sharing of capital gain or loss, renovation costs, sales commissions and marketing fees — …

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 …

Gifting Money: How it can affect your situation

With the end of financial year just passed, I thought it was timely to share with you some thoughts around gifting and how it can reduce the cost of aged care.  When it comes to residential aged care, many people believe if they don’t have any money, they won’t be able to move in. It simply is not true. Most aged care …