There are three accommodation payment options:
These pricing arrangements apply to new residents entering care on or after July 1, 2014. The agreed Daily Accommodation Payment may be deducted from the Refundable Accommodation Deposit in order to meet an agreed amount of accommodation payment. This will result in addtional interest amounts being charged on the amount deducted. Residents or their representatives may wish to seek independent financial advice regarding which option suits their specific financial circumstances.
Prices current as at Monday, March 19, 2018
MPIR rate: Currently 5.72% and is updated quarterly by the Federal Government.