FirstTech
FY25 Pocket Guide

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    The following rates and thresholds impact residents who enter an aged care facility on or after 1 July 2014.

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    Fee Amount

    Basic daily care fee

    $63.82

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

    Payable by all residential aged care recipients.

     

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    Means tested amount is

    Income test contribution + asset test contribution

    Income test contribution is

    (Total assessable income - $33,849.40) x 50% ÷ 364

    Total assessable income includes

    Income assessable for Centrelink/DVA purposes

    Centrelink/DVA income support payments for singles and members of an illness separated couple (less minimum pension and energy supplements of $1,536.60 pa each)

    DVA war widows pension (no qualifying service) less 4% GST supplement

    DVA disability pension (recipient or partner no qualifying service) less 4% GST supplement

     
     

    Thresholds are current for the period: 20 Mar 2025 – 30 Jun 2025

     

    Asset test contribution
     
    Assets included in asset test contribution  

    17.5% of assessable assets between

    $61,500 and $206,663.20

    1% of assessable assets between

    $206,663.20 and $496,989.60

    2% of assessable assets above

    $496,989.60

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

    Total of the calculated amount above is divided by 364.

    Assessable assets

    Assets assessable for Centrelink/DVA purposes

    Refundable accommodation deposit/contribution

    Capped value of former home 

    $206,663.20

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

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    Means tested amount is

    Income test contribution + asset test contribution

    Income test contribution is

    (Total assessable income - $33,173.40) x 50% ÷ 364

     
    Total assessable income
     
    Total assessable income includes

    Income assessable for Centrelink/DVA purposes

    Centrelink/DVA income support payments for singles and members of an illness separated couple (less minimum pension and energy supplements of $1,536.60 pa each)

    DVA war widows pension (no qualifying service) less 4% GST supplement

    DVA disability pension (recipient or partner no qualifying service) less 4% GST supplement

     
     

    Thresholds are current for the period: 20 Mar 2025 – 30 Jun 2025

     

    Asset test contribution
     
    Assets included in asset test contribution  

    17.5% of assessable assets between

    $61,500 and $206,663.20

    1% of assessable assets between

    $206,663.20 and $496,989.60

    2% of assessable assets above

     $496,989.60

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

    For members of a couple, combined assessable assets are halved.

    Total of the calculated amount above is divided by 364.

    Assessable assets include

    Assets assessable for Centrelink/DVA purposes

    Refundable accommodation deposit/contribution

    Capped value of former home (applies separately to both members of a couple) 

    $206,663.20

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

    For members of a couple, combined assessable assets are halved.

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    Daily means tested care fee is calculated as:

    Lesser of:

    Means tested amount – $69.79

    Cost of care1

    The means tested care fee cannot exceed:

    Annual cap

    $34,311.23

    Lifetime cap

    $82,347.13

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

    1 Note: From 1 March 2025, the highest cost of care is $406.39 per day including primary supplements.

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    Means tested amount at time of entry Accommodation cost  payable Payment methods

    Less than $69.79

    Accommodation contribution

    RAC, DAC or combination

    More than or equal to $69.79

    Accommodation payment

    RAD, DAP or combination

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

    RAC = refundable accommodation contribution, DAC = daily accommodation contribution

    RAD = refundable accommodation deposit, DAP = daily accommodation payment

     

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    Daily accommodation contribution (DAC) is the lesser of:

    Means tested amount

    Maximum accommodation supplement payable to the facility 

    Maximum accommodation supplement
    Newly built or significantly refurbished? Meets the 40% low means resident quota? Maximum accommodation supplement

    Yes

    Yes

    $69.79

    Yes

    No

    $52.34

    No

    Yes

    $45.51

    No

    No

    $34.13

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

    Refundable accommodation contribution (RAC) is:

    (DAC ÷  maximum permissible interest rate) x 365

    Maximum permissible interest rate
    Time of entry Maximum interest rate

    From 1 Apr 2025 – 30 Jun 2025

    8.17%

    From 1 Jan 2025 – 31 Mar 2025

    8.42%

    Minimum permissible asset level
    Amount

    Minimum amount of assets a resident must be left with if they pay at least part of their accommodation costs as a RAC

    $61,500

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

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    An accommodation payment can be paid as a daily accommodation payment (DAP), a refundable accommodation deposit (RAD), or a combination of both.

    Daily accommodation payment (DAP) is:

    (RAD x maximum permissible interest rate) ÷ 365

    Maximum permissible interest rate
    Time of entry Maximum interest rate

    From 1 Apr 2025 – 30 Jun 2025

    8.17%

    From 1 Jan 2025 – 31 Mar 2025

    8.42%

    Refundable accommodation deposit (RAD)
    Rates and thresholds Amount

    Minimum permissible asset level
    (Minimum amount of assets a resident must be left with if they pay at least part of their accommodation costs as a RAD)

    $61,500

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

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    Home care package Care needs Basic daily care fee per day

    Level 1

    Basic care needs 

    $11.77

    Level 2

    Low level care needs

    $12.45

    Level 3

    Intermediate level care needs

    $12.80

    Level 4

    High level care needs

    $13.14

     
     

    Thresholds are current for the period: 20 Mar 2025 – 19 Sep 2025

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    Income   Income tested care fee

    Income less than $33,849.40

    Nil

    Income between $33,849.40 and $65,260.00

    Lesser of:

    • (Total assessable income – $33,849.40) × 50% ÷ 364

    • Cost of package

    • Annual cap                $6,862.18

    • Lifetime cap             $82,347.13

    Income exceeds $65,260.00

    Lesser of:

    • (((Total assessable income – $65,260.00) x 50%) + $6,862.18) ÷ 364

    • Cost of package

    • Annual cap                $13,724.45

    • Lifetime cap               $82,347.13

     
     
     

    Thresholds are current for the period: 20 Mar 2025 – 30 Jun 2025

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    For couples, halve the combined assessable income.

    Income   Income tested care fee

    Income less than $26,197.60

    Nil

    Income between $26,197.60 and $49,873.20

    Lesser of:

    • (Total assessable income –$26,197.60) × 50% ÷ 364

    • Cost of package

    • Annual cap                $6,862.18

    • Lifetime cap            $82,347.13

    Income exceeds $49,873.20

    Lesser of:

    • ((Total assessable income – $49,873.20) × 50%) + $6,862.18) ÷ 364

    • Cost of package

    • Annual cap            $13,724.45

    • Lifetime cap           $82,347.13

     
     
     

    Thresholds are current for the period: 20 Mar 2025 – 30 Jun 2025

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    For couples, halve the combined assessable income.

    Income   Income tested care fee

    Income less than $33,173.40

    Nil

    Income between $33,173.40 and $64,584.00

    Lesser of:

    • (Total assessable income – $33,173.40) × 50% ÷ 364

    • Cost of package

    • Annual cap                 $6,862.18

    • Lifetime cap              $82,347.13

    Income exceeds $64,584.00

    Lesser of:

    • ((Total assessable income – $64,584.00) × 50%) + $6,862.18) ÷ 364

    • Cost of package

    • Annual cap             $13,724.45

    • Lifetime cap            $82,347.13

     
     
     

    Thresholds are current for the period: 20 Mar 2025 – 30 Jun 2025

  •  
     
    Total assessable income when calculating the home care income tested fee includes

    Income assessable for Centrelink/DVA purposes

    Centrelink/DVA income support payments

    • For singles or members of an illness separated couple, (less minimum pension and energy supplements of $1,536.60 pa each)

    • For members of a couple living together (less minimum pension and energy supplements of $1,157.00 pa each)

    DVA war widows pension (no qualifying service) less 4% GST supplement

    DVA disability pension (recipient or partner no qualifying service) less 4% GST supplement

     
     

    Thresholds are current for the period: 20 Mar 2025 – 30 Jun 2025

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    Home
    care package
    Care
    needs
    Annual
    amount

    Level 1

    Basic care needs

    $10,698.15

    Level 2

    Low level care needs

    $18,812.10

    Level 3

    Intermediate level care needs

    $40,945.70

    Level 4

    High level care needs

    $62,075.55

     
     

    Thresholds are current for the period: 20 Mar 2025 – 30 Jun 2025