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We make it easy for you to understand your residential aged care costs​

The cost of your residential aged care depends on the style of accommodation you choose and your individual financial circumstances.

The Australian Government regulates and helps with the cost of receiving residential aged care services. This ensures that people who can afford to do so, contribute to the cost of their care and accommodation. It also provides a safety net for people on low fixed incomes, like pensioners.

What does residential aged care cost?

The Government helps pay for residential aged care and accommodation for eligible people. You’ll be required to pay the basic daily fee and the additional service fees for optional extras, like a phone or internet connection. Generally, there are four key residential aged care costs:

Basic daily fee

Capped at $51.21 per day from March 2019. Covers the cost of daily living, like meals and laundry. Applies to all residents.

The Department of Human Services will advise you of your basic daily fee after you’ve moved into an aged care centre.

Means-tested care fee

A means-tested contribution towards the cost of your aged care, assessed by the Department of Human Services.

Following the Income and Assets Test, they will advise you if you need to contribute and how much.

Accommodation costs

A means-tested contribution towards the cost of your accommodation, assessed by the Department of Human Services.

Following the Income and Assets Test, they will advise you if you need to contribute and how much.

Extra and additional service fees

Pays for extra and additional services you choose to receive from your provider.

We will explain our extra and additional service fees in writing.

How do I get government funding support?

Before you can move into a residential aged care centre, or access residential respite care, you’ll need to apply for what’s known as an ACAT assessment. This assessment is used to recommend the type and level of care that will best meet you or your loved ones needs.

Getting assessed for government funding support is easy, to help you start your aged care journey, we’ve outlined the process in three easy steps.

Pricing options explained

We make contributing to the cost of your aged care accommodation easy with three payment options. Choose an upfront payment, daily ongoing payment or a combination of the two. After you move in you’ll have 28 days to decide which payment option is right for you.

It’s a good idea to get independent financial advice before you decide.

Get in touch with the IRT Aged Care team

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