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Balance Retirement & Aged Care Specialists

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March 2017 Changes to Aged Care Fees

Aged Care Planning | 20th March 2017

The Government has announced the indexation to the Aged Care Fees for March, only the Basic Daily Care Fee changes affect existing residents. Post July 2014 Residents, Basic Daily Care Fee (BDCF) $49.07/day Annual Limit of Means Tested Fee $26,380.51pa Lifetime limit of Means Tested Fee $63,313.28   Pre July 2014 Residents Basic Daily Care […]

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March 2017 Changes to Centrelink & DVA Pensions

Aged Care Planning | 20th March 2017

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

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Making Your Pension Increase

Aged Care Planning | 20th March 2017

If you were one of the unlucky ones, whose pension dropped or stopped as a consequence of the changes to the assets test taper changes that came into effect on the 1st January 2017, & if you happen to be in an Aged Care facility, then there is a strong chance that your cash flow (ie […]

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Winner $250 Dinner Voucher

Real Aged Care Stories | 17th March 2017

Each quarter we select a winner from those people who have referred other clients to us, for aged care advice. We appreciate the referral and hence draw a winner each quarter and offer them a dinner for two to the value of $250. The winner for March 2017 is Paul Taranto! Thank you Paul for […]

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Tips to Maximize your Pension

Aged Care Planning | 9th March 2017

All retirees have been feeling the pinch of historically low interest rates, since the GFC, only to be compounded by changes to the Age Pension criteria, brought in by successive Governments, over the last 2 years, which have seen Age Pension entitlements also fall. There have been at least 4 changes in the last 2 […]

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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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