The Government has announced the following increases to Age Pensions, Disability Pension & the same applies to Service Pensions for DVA The maximum rate of Age, Disability & Service pension (DVA) per fortnight Basic rate Plus + Supplements Total pension Single $826.20pf $67.30 +$14.10 $907.60pf Couple $622.80 $50.70 +$10.60 $684.10pf each $1368.20pf combined Illness separated […]
It has been our pleasure helping close to 12,000 people move into aged care since 1999. Balance Aged Care Specialists is a small business that relies on referrals from aged care facilities & existing clients. We are currently working on building our online presence and as part of this, we are looking to our clients to […]
The recent news story about aged care facilities supplying food for elderly residents for $6/day per person & comparing it to the annual industry profit was a distorted article, which highlighted the complete ignorance of how an aged care facility is run. The president of the AMA wrote an article, picked up by the media, […]
Head down and see Fiona and the team from Balance Aged Care Specialists today at the Canberra Seniors Expo 10am-3pm, exhibition site 161
The differences between Aged Care & Retirement Village are significant, & you should make sure you understand which one you are committing yourself to, & the financial implications before you proceed. A Retirement Village is primarily self-care, i.e. you look after yourself, & choose to make the move to a Retirement Village (if you are […]
“The Terraces” are situated in the highly sought-after suburb of Paddington in Sydney’s Eastern Suburbs. A brand-new, purpose built facility, it’s less than 500 metres to St. Vincent’s Hospital, less than 1 kilometre to Rushcutter’s Bay, and within 5 minutes’ walk in all directions are shops, café’s and galleries. We are fortunate enough to have […]
There are numerous options available to fund your Accommodation Payment in Aged Care, & for some people, thinking outside the square can deliver impressive savings. Because the Accommodation Payment is based around a Lump Sum version called a RAD, most people think they will need to sell the home or use all their savings to […]
Did you see Eric speaking with Studio 10? Click here to be redirected to the studio 10 video.
A supported resident in Aged Care (sometimes referred to as concessional residents), has been assessed by Centrelink or DVA as having less in assets &/or income than others, and consequently the Government will contribute even more towards their aged care, therefore saving the resident money. This is particularly useful for couples who have a home, […]