Balance Aged Care - Financial Group Logo

Balance Retirement & Aged Care Specialists

News

March 2019 Changes to Aged Care Fees

Aged Care Advice | 20th March 2019

The Government has announced the indexation to the Aged Care Fees for March 2019, only the Basic Daily Care Fee changes affect existing residents. Post July 2014 Residents, Basic Daily Care Fee (BDCF) $51.21/day Annual Limit of Means Tested Fee $27,532.59 pa Lifetime limit of Means Tested Fee $66,078.27   Pre July 2014 Residents Basic […]

read more
March 2019 Changes to Centrelink & DVA Pensions

Aged Care Advice | 20th March 2019

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 Basic rate Plus + Supplements Total pension Single $843.60/pf $68.50 +$14.10 $926.20/pf Couple $635.90/pf $51.60 +$10.60 $698.10/pf each $1396.20/pf combined Illness separated […]

read more
Four Corners Story on Aged Care

News | 3rd October 2018

The Four Corners Story about Abuse & Neglect in aged care, which was run Monday 17th September & Monday 24th September on the ABC, demonstrated serious & offensive behavior by some staff in aged care facilities.  The story finished with a comment of “Who Cares”, but it should have said “Who pays”. I have been […]

read more
Our new Logo

News | 3rd October 2018

                                                                              The Old                              […]

read more
Winner of the $250 Dinner Voucher

News | 3rd October 2018

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. The winner for September 2018 is Cathy Chan! Thank you Cathy for your […]

read more
September 2018 Changes to Centrelink & DVA Pensions

Aged Care Advice | 20th September 2018

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 Basic rate Plus + Supplements Total pension Single $834.40/pf $67.80 +$14.10 $916.30/pf Couple $629.00/pf $51.10 +$10.60 $690.70/pf each $1381.40/pf combined Illness separated […]

read more
September 2018 Changes to Aged Care Fees

Aged Care Advice | 20th September 2018

The Government has announced the indexation to the Aged Care Fees for September 2018, only the Basic Daily Care Fee changes affect existing residents. Post July 2014 Residents, Basic Daily Care Fee (BDCF) $50.66/day Annual Limit of Means Tested Fee $27,232.65 pa Lifetime limit of Means Tested Fee $65,357.65   Pre July 2014 Residents Basic […]

read more
Featured Facility: Arcare Oatlands

Aged Care Services Facilities | 10th April 2018

Arcare Oatlands opened on Monday 19th March, Arcare’s third site in New South Wales and 36th across the eastern states. Having been involved in seniors’ care for over 40 years this privately owned and operated Australian family business, Arcare are known for their five-star level of care and built environment. Offering 110 suites with balcony […]

read more
Increasing processing errors by Centrelink is costing aged care residents more in aged care fees

Aged Care Financial Planning | 10th April 2018

We have been getting an increased number of clients coming back to us, advising that the Means Tested Fee being charged is more than we estimated it should be, or have been getting less pension than we estimated, or were not assessed as being supported residents, when they should have been & consequently they are […]

read more