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Balance Retirement & Aged Care Specialists

News

Donation- Huntington’s Disease

News | 25th January 2017

Thank you to all of you for “liking Us” on Facebook. As a consequence of those likes, as promised, we have donated $250 today to Huntington’s Disease research. The more “likes” we receive the more we will donate to help find a cure for this insidious disease, which seems to strike most people around the […]

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Featured Facility: Wahroonga House

Aged Care Services Facilities | 13th December 2016

Surrounded by beautiful cottage gardens typical of the area, you’ll enjoy spacious private rooms with ensuites, televisions, Foxtel, Wi-Fi and air conditioning. With an onsite coffee shop and a variety of recreation activities you’ll never want for company. Our elegant interior designed living areas are the perfect place to relax with a cup of tea […]

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Centrelink getting serious about those who cheat

Aged Care Advice | 9th December 2016

If you are lying to Centrelink about your assets or your income, or even thinking about it beware, they have just installed a new computer system, which is designed to more efficiently catch out cheaters by real time data matching with other Government departments (ie tax department, & other departments.) Whilst Centrelink have always been […]

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How Government changes to Pensions will erode your inheritance more quickly

Aged Care Planning | 24th November 2016

If your mother or father is moving into aged care, & wants to keep their home, then they better get in quick before the rules change in January 2017. Currently it is quite possible to move into an aged care facility, keep your home, rent it out & retain your Age Pension (in fact your […]

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Elder Clowns Program

Real Aged Care Stories | 18th November 2016

The Humor Foundation’s Elder Clowns Program improves the quality of life of Aged Care Residents, bringing them play, music and humour. Watch this video to take a look at their program and the amazing effect it is having on the residents

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How to improve your hearing without a hearing aid

Real Aged Care Stories | 18th November 2016

Loss of hearing is just one of the many “joys?” of getting older that affect many of our clients. Deafness can be rather isolating, if you can’t hear what is being said or going on around you, & usually can be one of the reasons that many older people suffer from depression, as they disengage […]

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2UE Talking Lifestyle

Aged Care Advice | 18th November 2016

Every Wednesday at 9pm, our Principal Eric Hiam speaks on 2UE Talking Lifestyle 954AM about the various aspects of the Aged Care process.

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September 2016 Changes to Aged Care Fees

Aged Care Advice | 23rd September 2016

The Government has announced the indexation to the Aged Care Fees for September, only the Basic Daily Care Fee changes affect existing residents. Post July 2014 Residents, Basic Daily Care Fee (BDCF) $48.44/day Annual Limit of Means Tested Fee $26,041.09pa Lifetime limit of Means Tested Fee $62,498.66 Pre July 2014 Residents Basic Daily Care Fee […]

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Changes to our Business

Aged Care Planning | 20th September 2016

i) Balance Financial Solutions & ii) Balance Aged Care Specialists   This has been driven by the Financial Planning Industry’s recent involvement in Aged Care, requiring any “advice” to be provided in a “Statement of Advice” (SoA) format , which takes much longer & costs a great deal more to provide, consequently the charges to […]

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Increase in Age Pension, Service & War Widows Pensions

Aged Care Planning, News, Retirement Village Planning | 20th September 2016

Centrelink Pension rates There are different rates of Age Pension payments for single people and couples. Your rate also depends on your income, assets, and other circumstances. Basic Rate Plus + Supplements Total Pension Single $797.90pf $65.10+$14.10 $877.10pf Couple            $601.50pf $49.10+$10.60 $610.20pf each $1322.40pf combined Illness separated couple     […]

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