It’s not surprising that seniors and their families are getting angry about this. But I am surprised by how long it took for this anger to appear in the community.
These reforms do make the aged care system in Australia more sustainable, but it is definitely a move towards “user pays” with increases in fees, charges, & means-testing. Getting financial advice will be more important than ever before, and aged care financial planners will be needed to help families manage cash-flow, costs, payments and financial outcomes.
If you are confused by the new aged care rules and need help, please feel free to call our office for assistance on (07) 3229 0023.
Aged Care Guild campaigning for Government funding stability https://t.co/DncRxVRS4T
Change your home care provider, but beware fees https://t.co/lTSN5i2B7l
Level 17, 127 Creek Street
Brisbane, QLD 4001
Tel: (07) 3229 0023
Andrew Tynan Financial Planning Pty Ltd ABN 43 113 607 739, trading as Brisbane Aged Care Financial Advisers is an authorised representative of Charter Financial Planning Limited (ABN 35 002 976 294), Australian Financial Services Licensee.