September 2024 indexation: Updated Schedules & change to maximum permissible interest rate
Updated Schedules for residential and home care
Updated Schedules will apply from 20 September 2024.
View the updated Schedule of fees and charges for care recipients who started care:
View the updated Schedule of subsidies and supplements.
Monthly reviews of aged care fees
After the next monthly review of residential and home care fees, Services Australia will send letters to care recipients and providers advising any fee changes or refunds resulting from the review.
Information is available on the Services Australia website about residential care reviewsand home care reviews.
Change to maximum permissible interest rate (MPIR)
The MPIR will increase to 8.38% for the period 1 October to 31 December 2024 for calculating:
residential care accommodation costs
interest on refunds of accommodation lump sum balances.
View current and past rates.
What you need to do
You must ensure:
your accommodation deposit approvals are up to date
your accommodation prices are correct and up to date on your website and printed materials
your accommodation prices are correct and up to date on the My Aged Care portal.
For assistance contact the My Aged Care service provider and assessor helpline on
1800 836 799.