Financial and Prudential Management
Categories 4–6
Go to Key Resources
Overview
Providers registered in categories 4, 5 or 6 (excluding government and local government providers) must have sound financial governance systems in place.
These systems support responsible financial management and help ensure the ongoing delivery of safe, sustainable aged care services.
Key Resources
Financial and Prudential Standards: Guidance for providers
Explains the new Financial and Prudential Standards, your obligations and the regulatory approach.
Created by: Aged Care Quality and Safety Commission
Financial and Prudential Standards: Guidance for providers – video
This short video provides an overview of the 3 key standards:
Financial and Prudential Management
Liquidity
Investment
It also explains who the standards apply to.
Created by: Aged Care Quality and Safety Commission
Duration: 4 minutes
The new Financial and Prudential Standards – poster
Created by: Aged Care Quality and Safety Commission
Aged Care Act Communications Toolkit
As the new Aged Care Act takes effect, it’s essential that governing boards understand their obligations.
This toolkit bridges the gap between government-issued resources and what providers need in practice.
For support in communicating financial and prudential responsibilities to your board, refer to the Financial and Prudential Framework Board Briefing Paper on pages 86–89.
Created by: SSD Connect Alliance and Victorian SSD Partners with Enkindle Consulting
Updated: 28 July 2025