FEES & CHARGES APPLYING TO NEW RESIDENTS TO PERMANENT CARE FROM 1 NOVEMBER 2025

1. ACCOMMODATION PAYMENT - A Personal Expense and Means Tested

          a.  Lump sum (RAD or RAC)

          b.  Daily Fee (DAP or DAC) funded from cashflow or deducted from RAD or RAC. DAP is indexed 1 March and 1 September.

          c.   Combination of a part Lump sum and a Daily fee for the balance

          d.   Low Means Residents are supported by government funding

          e.  A retention fee of 2%p.a. is deducted from the RAD/RAC actually paid as a Lump sum for up to 5 years from the first date of RAD/RAC being paid

2. ESSENTIAL LIVING EXPENSES

         a.  Basic Daily Care Fee (Flat fee paid by all residents and indexed 1 March and 1 September)

         b.  plus a Hotelling Contribution (HC) and this is a Means Tested amount and indexed 1 March and 1 September

3.  CARE CONTRIBUTIONS

         a.  Non-Clinical Care Contribution (NCCC) which is also subject to a Means Test or....

         b.  Means Tested Care Fee (MTF) for existing residents or those entering under 'grandfathered' conditions.                                                                                                     A person holding a Home Care Package before 12/9/2024 will be classed as "grandfathered" and will be able to choose to enter care under the 'old'                       MTF rules or the post 1/11/2025 NCCC provisions.

4.  HIGHER EVERYDAY LIVING FEE

         a.  This fee (HELF) covers packaged or selected additional lifestyle benefits

         b.  Fees are set by each provider and agreed for each resident, fees may be adjusted in line with CPI. Existing residents on Extras/Options plans must be                   transferred to HELF by 31/10/2026.

Key Values as at 1/10/2025

• Basic Daily Care Fee                                                 $65.55 per day                                        $23,925.75 per annum 
• Hotelling Contribution                                            $22.15 daily cap                                      $8,084.75 Annual cap
• Non-clinical Care Contribution*                           $101.16 daily cap                                    $36,923.40 Annual cap

            * NCCC is payable for the first 4 years in permanent residential care or until $130,000 (including Support at Home contributions) has been paid,                               whichever comes first.

• Capped Home Asset Value (if there is no Protected Person living in the home)          $210,555.20
• Maximum Personal Interest Rate for current period entrants DAP/DAC                       MPIR  7.61%