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What is the difference between a Retirement Village & Aged Care

What is the difference between a Retirement Village & Aged Care

The differences between Aged Care & Retirement Village are significant, & you should make sure you understand which one you are committing yourself to, & the financial implications before you proceed.

Date06-Feb-2018   Author Eric Hiam  


Featured Facility: The Terraces

Featured Facility: The Terraces

“The Terraces” are situated in the highly sought-after suburb of Paddington in Sydney’s Eastern Suburbs. A brand-new, purpose built facility, it’s less than 500 metres to St. Vincent’s Hospital, less than 1 kilometre to Rushcutter’s Bay, and within 5 minutes’ walk in all directions are shops, café’s and galleries.

Date05-Feb-2018   Author Eric Hiam  


What are my options to pay for Aged Care?

What are my options to pay for Aged Care?

There are numerous options available to fund your Accommodation Payment in Aged Care, & for some people, thinking outside the square can deliver impressive savings.

Date16-Jan-2018   Author Eric Hiam  


Studio 10 Interview

Studio 10 Interview

Eric speaks to Studio 10 about new concerns regarding Centrelink's call centres.

Date13-Dec-2017   Author Eric Hiam  


What is a Supported Resident?

What is a Supported Resident?

A supported resident in Aged Care (sometimes referred to as concessional residents), has been assessed by Centrelink or DVA as having less in assets &/or income than others, and consequently the Government will contribute even more towards their aged care, therefore saving the resident money.

Date27-Nov-2017   Author Eric Hiam  


                                                                   Is it better to pay a RAD or DAP?

Is it better to pay a RAD or DAP?

A Refundable Accommodation Deposit (RAD) means you are paying for your Accommodation in Aged Care as a Lump sum. It is Government Guaranteed (so it is very safe) & fully Refundable. Whereas paying for the Accommodation as a DAP (Daily Accommodation Payment) means that you will be charged interest at a Government prescribed rate instead of paying the lump sum.

Date20-Nov-2017   Author Eric Hiam  


Featured Facility: Arcare Glenhaven

Featured Facility: Arcare Glenhaven

Arcare are opening their newest residence in Glenhaven on Saturday September 23rd.

Date22-Sep-2017   Author Eric Hiam  


September 2017 Changes to Centrelink & DVA Pensions

September 2017 Changes to Centrelink & DVA Pensions

The Government has announced the following increases to Age Pensions, Disability Pension & the same applies to Service Pensions for DVA The maximum rate of Age, Disability & Service pension (DVA) per fortnight

Date20-Sep-2017   Author Eric Hiam  


September 2017 Changes to Aged Care Fees

September 2017 Changes to Aged Care Fees

The Government has announced the indexation to the Aged Care Fees for Septmeber, only the Basic Daily Care Fee changes affect existing residents.

Date20-Sep-2017   Author Eric Hiam  


Phone Trouble

Phone Trouble

Due to a fire in the Telstra exchange, our phone lines are not working to their full capacity.

Date30-May-2017   Author Eric Hiam  


Wondering about Home Care?

Wondering about Home Care?

Eric speaks with The Donaldson Sisters and Clinton on 2UE Talking Lifestyle

Date27-Mar-2017   Author Eric Hiam  


March 2017 Changes to Centrelink & DVA Pensions

March 2017 Changes to Centrelink & DVA Pensions

The Government has announced the following increases to Age Pensions, Disability Pension & the same applies to Service Pensions for DVA The maximum rate of Age, Disability & Service pension (DVA) per fortnight

Date20-Mar-2017   Author Eric Hiam  


Making Your Pension Increase

Making Your Pension Increase

If you were one of the unlucky ones, whose pension dropped or stopped as a consequence of the changes to the assets test taper changes that came into effect on the 1st January 2017, & if you happen to be in an Aged Care facility, then there is a strong chance that your expenditure may be more than your income.

Date20-Mar-2017   Author Eric Hiam  


March 2017 Changes to Aged Care Fees

March 2017 Changes to Aged Care Fees

The Government has announced the indexation to the Aged Care Fees for March, only the Basic Daily Care Fee changes affect existing residents.

Date20-Mar-2017   Author Eric Hiam  


Winner $250 Dinner Voucher

Winner $250 Dinner Voucher

Each quarter we select a winner from those people who have referred other clients to us, for aged care advice. We appreciate the referral and hence draw a winner each quarter and offer them a dinner for two to the value of $250.

Date17-Mar-2017   Author Eric Hiam  



 
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