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Retention amounts

Amounts of money an aged care facility may deduct each month from the accommodation bond, for a period of five years.

Amounts of money an aged care facility may deduct each month from the accommodation bond, for a period of five years.
Residential Care

Residential aged care is for older people who can no longer live at home.

Residential aged care is for older people who can no longer live at home.
Respite

Respite care is substitute care that can be arranged for planned breaks, regular weekly breaks, short holidays or for emergency situations such as family illness.

Respite care is substitute care that can be arranged for planned breaks, regular weekly breaks, short holidays or for emergency situations such as family illness.
Refundable accommodation deposit

Some people need to pay for entering residential aged care based on income and assets. There are a number of ways to do this. If you choose to make your payment as a lump sum, this is called a ‘refundable accommodation deposit’. A refundable accommodation deposit works like an interest-free loan to an aged care home. The balance of the deposit is refunded when you leave the aged care home less any amounts you have agreed to have deducted.

Some people need to pay for entering residential aged care based on income and assets. There are a number of ways to do this. If you choose to make your payment as a lump sum, this is called a ‘refundable accommodation deposit’. A refundable accommodation deposit works like an interest-free loan to an aged care home. The balance of the deposit is...