Aged care funding

Page last updated: 07 October 2016

Subsidies and payments

Aged care fees and charges
Provides the latest updates to aged care fees and charges.

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.

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.

Grants and funding

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.

Capital funding
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.

Accommodation agreements

Service provider responsibilities regarding accommodation agreements
Information about what needs to be incorporated into an accommodation agreement for residents entering care from 1 July 2014.