Age Pension calculatorThe following rates and thresholds impact residents who enter an aged care facility on or after 1 July 2014.
Key Topics
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.
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
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.
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.
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
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
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
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
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
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
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
- For singles or members of an illness separated couple, (less minimum pension and energy supplements of $1,536.60 pa each)
Home
care packageCare
needsAnnual
amountLevel 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