Aged Care Financing Authority – Past Advice

Page last updated: 09 March 2018

This page contains details of work previously undertaken by ACFA.

Access to care for supported residents consultation paper

ACFA has released a consultation paper on proposals regarding access to care for supported residents. Feedback is sought from stakeholders on the proposals contained in the consultation paper. Submissions are due by 5.00pm Friday 14 October 2016.

ACFA previously released a discussion paper in 2015 on access to care for supported residents and feedback to that paper has been included in the current consultation paper. ACFA is required to provide advice by 31 December 2016 to the Government on cost neutral mechanisms to ensure access to care for supported residents. This work entails analysing the efficiency, effectiveness and appropriate level of:

  • the supported resident ratio for each aged care planning region
  • the 25 per cent discount applied to the maximum accommodation supplement amount where a service does not provide more than 40 per cent of its eligible care recipient days to supported residents.

Issues Affecting the Financial Performance of Rural and Remote Providers, both Residential and Home Care Providers

At the end of May 2015, the Assistant Minister for Social Services, Senator the Hon Mitch Fifield, asked the Authority to undertake a detailed and focused study into the factors influencing the financial performance of rural and remote aged care providers. The study was requested to include residential, home care package, Multi-Purpose Services (MPS) and National Aboriginal and Torres Strait Islander flexible fund programme (NATSIFACP) providers operating in rural and remote locations across Australia, with a report to be delivered to the Government.

ACFA delivered its report on Issues Affecting the Financial Performance of Rural and Remote Providers, both Residential and Home Care Providers to Government on Tuesday 19 January 2016.

Factors influencing the financial performance of residential aged care providers

In February 2014 the former Assistant Minister for Social Services, Senator the Hon Mitch Fifield, tasked ACFA with a project to undertake a study into the ‘Factors that Influence the Financial Performance of Aged Care Providers’. In undertaking the study he asked that it would first consider residential care providers and later home care providers.

ACFA delivered its first report on factors influencing the financial performance of residential aged care providers to Government on Tuesday 5 May 2015.

Quarterly reports on the impact of financial reforms on the aged care sector

Reports on the impact of the 1 July 2014 financial reforms on the aged care sector

Letter from ACFA Chairman regarding proposed changes to improving collection of financial data

Lynda O’Grady, ACFA Chairman, wrote a letter to aged care providers outlining the purpose and objectives of ACFA in recommending the proposed changes to improving the collection of financial data from aged care providers. The department released a discussion paper for comment by the end of February 2015.

Report on improving the collection of financial data from aged care providers

ACFA presented its report on Improving the Collection of Financial Data from Aged Care Providers to Government in September 2014.

2015-16 ACFA Operations Report

This is the fourth annual report on the operations of the ACFA. The report covers the period 1 July 2015 to 30 June 2016.

Demographic facts of ageing in Australia

ACFA released an information paper - The Demographic Facts of Ageing in Australia.

Supported resident data book

On 30 April 2014 ACFA presented the then Minister Fifield with a Data Book on Supported and Non-Supported Residents in Commonwealth funded aged care.

Report funding and financing of the aged care sector

ACFA presented its inaugural Report on the Funding and Financing of the Aged Care Sector to the former Government in June 2013.

ACFA work program

On 4 November 2015, Minister Ley presented ACFA with its new work program.

ACFA Update #2

ACFA Update Issue #2 provides information to aged care providers on the committee's current activities and publications.

ACFA work program

On 22 January 2014, the then Minister Fifield presented ACFA with its new work program and operating framework.

ACFA Update

ACFA Update Issue #1 is the first regular update that will be provided to keep aged care providers informed on current activities and publications of ACFA.

Operations Report of the Aged Care Financing Authority Reports

Interim Advice to the Government on Improving the Collection of Financial Data from Aged Care Providers

ACFA interim advice to the former Government on improving the collection of financial data from aged care providers was supplied on 31 July 2013.

The Government Asks ACFA to Monitor Impact of Reforms

As reflected in the Australian Government's response to the Senate Inquiry report, the former Government wrote to the ACFA Chairman requesting ACFA monitor the impact of the aged care reforms.

Methodology for Ensuring Equivalence Between a Daily Accommodation Payment (DAP) and Refundable Accommodation Deposit (RAD)

ACFA provided additional advice to the former Government on RAD and DAP in May 2013.

For information, see:

Modelling of Financial Impacts of the Aged Care Reforms

In May 2013 ACFA provided the former Government with modelling on the impact of the aged care reforms which KPMG had undertaken for ACFA.

For information, see:

Accommodation Payments

ACFA provided its final recommendations on accommodation payments to the former Government on 28 November 2012.  The former Government's response to these recommendations was announced on 21 December 2012.

Consultation Process:

Significant Refurbishment Recommendations

ACFA finalised its recommendations on the definition of Significant Refurbishment to the former Government on 21 November 2012.

Consultation process:

ACFA Established

The Aged Care Financing Authority was established on 1 August 2012.