Centrelink and the Department of Veterans Affairs (DVA) index their means tested pensions on the 20th March and 20th September each year. The changes to both Centrelink and DVA pensions are as follows: Centrelink (Maximum Pension Entitlement) Singles Couples Illness Separated Couple Now ($ per fortnight) $1,178.70 $888.50 each $1,777.00 combined $1,178.70 each $2,357.40 combined […]

Just as Centrelink and the Department of Veterans Affairs index their pensions twice a year, some of the fees charged in residential aged care and home care are also indexed on the same dates (20th March and 20th September each year.). Below are the changes to the fees which are indexed for residential aged care […]

Are you considering Retirement Living? Are you unsure if Retirement Living is suitable for you? If you are finding yourself asking these questions, you may want to consider attending Bella Vista Haven’s upcoming Retirement Living Information Session on Wednesday 17th September. Understand more about Retirement Living with talks from industry professionals on the following topics: […]

Balance now offers a convenient and cost-effective video appointment Australia wide for people moving into residential aged care. Having helped 30,000 over the past 25 years with retirement village and aged care we wanted to provide a financial service that wouldn’t charge over $2,000 like most financial planners in this space. If your loved one […]

On Saturday 16th November 2024, Wesley Mission are opening their doors at Alan Walker Village for an Open Day. Come explore what your retirement can look like by meeting the welcoming Carlingford community. You’ll be able to see and experience the onsite facilities and local services. The Balance team will also be attending and will […]

In helping our clients move into aged care, on occasions we see their wills to ensure that whatever strategy they adopt to pay for their aged care does not conflict with their testamentary intentions.  However, we frequently come across problems in the will that have not been picked up that may cause a problem after the […]

If both members of a couple are in aged care and one of them were to pass or if one is in care and the other at home (but the one at home passes first) then if they have left assets to the survivor, then the aged care fees for the survivor are highly likely to increase significantly. […]

The proposed changes to aged care fees aired to the public on the 12th of September will bring quite radical change to the aged care system. This will deliver more funding from the Government to the aged care system (which is drastically needed by facilities).  However, it will also cost the residents more money as […]

Centrelink and the Department of Veterans Affairs (DVA) index their means tested pensions on the 20th March and 20th September each year. The changes to both Centrelink and DVA pensions are as follows: Centrelink (Maximum Pension Entitlement) Singles Couples Illness Separated Couple Now ($ per fortnight) $1,144.40 $862.60 each $1,725.20 combined $1,144.40 each $2,288.80 combined […]

Just as Centrelink and the Department of Veterans Affairs index their pensions twice a year, some of the fees charged in residential aged care and home care are also indexed on the same dates (20th March and 20th September each year.). Below are the changes to the fees which are indexed for residential aged care […]