The aged care world can be confusing and arcane. Big decisions must be made, often in a short time. Facilities must be visited, a RAD (refundable accommodation deposit) must be negotiated and funded, or a daily accommodation deposit (DAP) agreed to.
And then there is the Centrelink form that must be filled out, which determines how much a resident must contribute to the cost of care. It is 21 pages long with 66 questions. Recent changes to the age pension and the maximum permissible interest rate (MPIR) both affect the cost of aged care.
And aged care is becoming more expensive. On April 1,2023 the daily accommodation payment on an unpaid refundable accommodation deposit of $750,000 increased from $145.07 to
