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Balance Aged Care Specialists

Archive for the ‘Aged Care Planning’ Category

What are my options to pay for Aged Care?

Aged Care Planning | 16th January 2018

There are numerous options available to fund your Accommodation Payment in Aged Care, & for some people, thinking outside the square can deliver impressive savings. Because the Accommodation Payment is based around a Lump Sum version called a RAD, most people think they will need to sell the home or use all their savings to […]

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Wondering about Home Care?

Aged Care Planning | 27th March 2017

Wondering about Home Care? DId you know that there are multiple home care packages that are available to Australians who wish to stay at home for longer? Listen to Eric explain Home Care Packages with The Donaldson Sisters and Clinton on 2UE Talking Lifestyle on behalf of Southern Cross Care. Click Here to be taken to the Podcast.

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Eric discusses Pension changes on 2GB

Aged Care Planning | 10th January 2017

Eric sat down with Natalie Peters at 2GB to discuss the changes to Pensions that came into effect on January 1st 2017. Click here to listen to the podcast from the show.

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Increase in Age Pension, Service & War Widows Pensions

Aged Care Planning | 20th September 2016

Centrelink Pension rates There are different rates of Age Pension payments for single people and couples. Your rate also depends on your income, assets, and other circumstances. Basic Rate Plus + Supplements Total Pension Single $797.90pf $65.10+$14.10 $877.10pf Couple            $601.50pf $49.10+$10.60 $610.20pf each $1322.40pf combined Illness separated couple     […]

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What is happening in the Sydney property market?

Aged Care Planning | 20th September 2015

The record low interest rates has been partly responsible for the residential property boom, which has seen record highs achieved for the sale of Sydney Property. Residential Real Estate has always gone through periods of boom, bust & then stagnation, it is part of a cycle driven by the forces of supply & demand. The […]

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Planning For The Future With Your Loved One In Care

Aged Care Planning | 12th June 2014

When looking at enrolling your loved one into Aged Care there is a few steps to go through to ensure you are giving your loved one the best start in their new community as well as ensuring you are financially set up for the future care of your loved one. Researching into your options is […]

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The 2014 Federal Budget: How Will It Affect Aged Care?

Aged Care Planning | 14th May 2014

Australia’s ageing population was a key factor to the outcomes of last night’s Federal Budget where Treasurer Joe Hockey ‘tightened the belts’ of many Australians in order to alleviate the countries debt and better plan for the future. The budget’s broad recommendations mainly focused on health, the ageing and education sectors which will account for […]

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Welcome Fiona Rumble to the Balance Aged Care Specialists Team

Aged Care Planning | 24th March 2014

Balance Aged Care Specialists Welcomes Fiona Rumble As Balance Aged Care Specialists continues to provide sound Financial Advice and Aged Care Advice to our clients we are delighted to announce that we are expanding our offices and are looking forward to helping more people plan financially for their future. As part of our expansion we […]

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July Aged Care Financial Reforms: How Will They Affect You?

Aged Care Planning | 17th March 2014

Have you and your family found yourself in the position of needing to seek Aged Care for a loved one? Or maybe your loved one has been receiving care for a little while. Major changes to Aged Care will take effect on 1 July 2014. These changes will affect most people currently in or looking […]

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