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Solving the RAD Jigsaw
Read more: Solving the RAD JigsawA challenge for us all is to find somewhere affordable to live. When our health declines and we move into the frailty period of retirement, this challenge continues but our focus and choices shift from independent living to supported living in residential aged care. Like any accommodation decision, you will usually need to pay for a room in residential care. The most expensive room is around $2 million with the average across Australia just over $400,000. But if the thought of paying $400,000 or $500,000 or $800,000 or more for a room in residential aged care scares you, you may…
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When to Start the Aged Care Conversation?
Read more: When to Start the Aged Care Conversation?No-one likes to talk about getting old. But at what age should you start thinking about your aged care needs? The answer is simple – any age is a good time. This is regardless of whether you are in your early retirement years or well into retirement. If you are lucky enough to still have your parents, starting the conversation with them while they are still healthy is also sensible. They might not be thrilled that you’re raising the subject but it gives your parents an opportunity to think about what is important to them and give you some instructions,…
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More Home Care in Budget
Read more: More Home Care in BudgetHome Care remains the preferred option for many people, but the long wait has been a problem. A key measure in this year’s Budget is an extra 80,000 home care packages aimed at reducing the waiting time and helping more people age in their home for longer. If you want to talk about home care for yourself or a family member, or want to start planning ahead for your later life, call us on 02 6813 0977 to make an appointment. This article is for informational purposes only and the information contained is of a general nature and may…
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Good Budget News for Aged Care
Read more: Good Budget News for Aged CareThe good news is that $17.7 billion more funds will be injected into aged care and none of it will come from higher fees for clients. The Government is fully funding the increase. Two key measures to be excited about are an extra 80,000 home care packages to reduce down the waiting time and an extra $10 per day per resident paid to residential care providers to help improve the quality of living services, such as food, linen and nutrition. If you need help with navigating aged care for yourself or a family member, or want to start…
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2021/22 FWP Budget Review
Read more: 2021/22 FWP Budget ReviewThe first post COVID budget has been released and while the numbers are slightly better than what was previously expected, it wasn’t a budget where the reins were pulled. Given the spending, Labor must be wondering what to do with themselves. On a surface level, the LNP are seemingly occupying more of what is often marketed as Labor’s bigger spending space. Where this leaves Labor ideologically, as the LNP projects budget deficits for years with net debt pushing $1 trillion dollars, who knows? With an early election supposedly coming up off the back off this budget, there is plenty of…
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