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The amount you are required to pay will depend on your income and assets. Daily fees consist of a basic daily fee for all residents, plus an additional income tested amount for residents who have income over a certain amount. You can be asked to pay an accommodation payment (either an accommodation bond or an accommodation charge) depending on your assets. Only aged care homes that are certified can charge accommodation payments. Service providers are required to keep a number of places for people who cannot be asked to pay an accommodation payment. If you enter low level (hostel) care, the accommodation payment you may be asked to pay is an accommodation bond. If you enter high level (nursing home) care, you may be asked to pay an accommodation charge. However, if you receive care on an extra service basis you cannot be asked to pay an accommodation charge but may be asked to pay an accommodation bond. For more information on fees and charges see Costs of Residential Care on the Department of Health and Ageing website.
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