Aged care funding
Subsidies and supplements
Aged care subsidies and supplements
Provides the latest updates to all Australian Government aged care subsidies and supplements.
Higher Accommodation Supplement
The intent of the higher accommodation supplement is to encourage the development of additional capacity in the residential care sector and enhanced quality and amenity of accommodation for residents.
Residential Care Subsidy
The Government pays approved providers an amount of residential care subsidy for each care recipient.
Home Care Subsidy
The Government pays approved providers an amount of home care subsidy for each care recipient.
Fees, charges and payments
The Government pays for the bulk of aged care in Australia by paying care subsidies and supplements to providers. However, residents of aged care homes may be asked to contribute towards the cost of their care and accommodation if they can afford to do so.
The Government pays for the bulk of aged care in Australia by paying subsidies and supplements for care to providers. However, consumers may be asked to contribute towards the cost of their care if they can afford to do so.
On 1 July 2014, the way fees for Home Care Packages are calculated changed.
Provides the latest schedule of the aged care fees, charges and payments.
Accommodation bond retention amounts
A retention amount may be deducted from an accommodation bond balance or included in a bond periodic payment for each month, or part of a month that a care recipient is resident in a home, for a maximum of five years across all homes in which a person resides.
Maximum bond and charge interest rate
The maximum bond interest rate is the maximum interest rate chargeable on accommodation bonds paid after the due date, periodic payments, and overdue fees under a resident agreement, bond agreement or extra service agreement which are deducted from the accommodation bond balance.
Refundable deposit balance and accommodation bond balance refund interest rates
Approved providers are required to pay interest on an accommodation bond balance for the period from the day after the resident leaves the care service until the accommodation bond balance is refunded.
Publication of residential accommodation prices
Residential aged care providers must publish their accommodation prices and descriptive information on the My Aged Care website. Providers seeking to charge a room price of more than $550,000 must apply for approval from the Aged Care Pricing Commissioner.
Grants and funding
The Aged Care Regional, Rural and Remote Infrastructure Grant opportunity is a one-off, open and competitive application process targeted at approved providers of residential and home care services in regional, rural and remote areas of Australia. This grant opportunity closed at 2pm (AEDT) Wednesday 24 October 2018.
Dementia and Aged Care Services Fund
This is a competitive application process that targets support for emerging priorities and challenges in aged care, focusing on areas such as dementia, Aboriginal and Torres Strait Islander people, LGBTI and people from diverse backgrounds.
Information on funding and grants for residential care, including eligibility and how to apply.
Aged Care Approvals Round
The Aged Care Approvals Round (ACAR) is a competitive application process to apply for a range of new Australian Government funded aged care places and financial assistance.
Flexible Aged Care Places (Multi-Purpose Services) - Allocation Round
The Flexible Aged Care Places (Multi-Purpose Services) Allocations Round is a competitive application process to apply for new Australian Government funded flexible aged care places.
Extra Service Status
Information on the provision of significantly higher than average standard of services, including information on services where extra service is in operation.
Approved provider information
General information regarding approved providers including: what is an approved provider, gaining approval as provider, circumstances affecting suitability, key personnel, and forms and guidelines.
Electronic Financial Accountability Report - user guide
Provides assurance and evidence that public funds have been spent for their intended purpose, under the National Respite for Carers Program, Commonwealth Respite and Carelink Centre Program, Assistance with Care and Housing for the Aged Program, Day Therapy Centre Program and the Dementia Education and Training Program.
Financial Data – Residential Aged Care
De-identified financial performance data sets as a service to the residential aged care industry to allow providers to compare their performance against other comparable providers.