Balance Aged Care - Financial Group Logo

Balance Retirement & Aged Care Specialists

Archive for the ‘News’ Category

IRT Thomas Holt Kirrawee Aged Care Expo

News | 19th April 2022

On May 4th, IRT Thomas Holt are hosting an Aged Care Expo. You will be able to take a tour of the aged care centre, enjoy a morning tea and learn about some of the benefits IRT Thomas Holt has to offer, such as 24/7 personalised care. Attendees will also hear from Eric Hiam who […]

read more
Australian Unity – Constitution Hill Open Day

News | 19th April 2022

On Wednesday 20th April, the retirement community at Australian Unity – Constitution Hill are having an open day. Located in the heart of Western Sydney, get acquainted with what your retirement can look like at Australian Unity – Constitution Hill. See below for more information.

read more
Benefits of funding options in Retirement Villages

News, Retirement Village Planning | 24th March 2022

Many Retirement Villages are now offering ‘funding options’, allowing you to make a choice of how much you pay for your Accommodation upfront. This is called the Entry Contribution. The Entry Contribution changes the amount you receive back when you decide to leave the Retirement Village. In most cases, it is the sale price less […]

read more
Why you shouldn’t pay more for Probate

News, Probate | 24th March 2022

Just because the value of your estate is bigger, doesn’t mean it should cost more! When someone dies, the executors of their estate may need to apply for Probate. Probate is the Supreme Court ratifying the will of the deceased is the current and last version of the will. This confirms what are the assets […]

read more
How do Low Interest Rate Environments Affect Someone moving into Aged Care?

Aged Care Advice, Aged Care Planning, News | 24th March 2022

When someone moves into an Aged Care facility and sells their home to pay the Accommodation Payment as a Refundable Accommodation Payment (RAD, or Lump sum), if they have residual funds left over after paying the RAD, then there may be an impact on: Age Pension and Service Pension The residual funds left over after […]

read more
March 2022 Changes to Aged Care and Home Care Fees

News | 24th March 2022

Just as Centrelink and the Department of Veterans Affairs index their pensions twice a year, some of the fees charged in residential aged care and home care are also indexed on the same dates (20th March and 20th September each year.). Below are the changes to the fees which are indexed for residential aged care […]

read more
March 2022 Changes to Centrelink and DVA Pensions

News | 24th March 2022

Centrelink and the Department of Veterans Affairs (DVA) index their means tested pensions on the 20th March and 20th September each year. The changes to both Centrelink and DVA pensions are as follows: Centrelink (Maximum Pension Entitlement) Singles Couples Illness Separated Couple Was ($ per fortnight) $967.50 $729.30 each $1,458.60 combined $967.50 each $1935.00 combined […]

read more
Featured Facilities – Riverview at Carrington

Featured, News, Retirement Service Facilities | 26th November 2021

Are you, or someone you know looking to downsize or move into a retirement village? If your answer is ‘Yes’, then the Assisted Living Apartments at Riverview at Carrington may be for you. Situated in the secluded Carrington Estate at Camden, the Riverview Assisted Living Apartments are designed to offer low maintenance, luxury apartments for […]

read more
Can I Visit My Loved Ones in Aged Care?

Aged Care Services Facilities, Featured, News | 18th October 2021

Since 2020, the COVID-19 pandemic has made everybody’s lives difficult in one form or another. It has caused financial strain for some people and taken a toll on other people’s physical and mental wellbeing. Some of those who have been hit the hardest are the residents of Aged Care facilities. For most elderly residents, the […]

read more
How has the Coronavirius affected Age Care Facilities and it’s Residents?

News | 15th October 2020

This has been the worst time for anyone to enter aged an aged care facility. The Coronavirus is deadly to vulnerable people especially the elderly, those with respiratory ailments, & is highly contagious. Once the virus gets into an aged care facility the consequences have been disastrous. The media has made an example of aged […]

read more