Understanding our fees

Information regarding fees at any new home can seem confusing. Here at The Good Shepherd Home, we ensure our fee structure is clear and easy to understand.

Aged care costs are broken into two areas: accommodation fees and care fees. You can find out more about them below.

Our dedicated admissions team is here to help you through the process. If you need any assistance, please contact us.

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Financial support

Government support can help with the cost of residential care at The Good Shepherd Home. How much of the total fee you pay is based on an assessment of your income and assets by Services Australia (Centrelink).

You can find more information about aged care fees and support assessments by visiting the My Aged Care website: www.myagedcare.gov.au

You can also use the My Aged Care Residential Care Fee Estimator tool to help calculate expected fees and charges. Please visit this link: www.myagedcare.gov.au/how-much-will-i-pay

Accommodation fees

Everyone entering an aged care home pays a basic daily fee, set by the Government. This fee contributes towards day-to-day living costs, such as meals, cleaning, laundry, heating and cooling.

As of 20 March 2024, the basic daily fee is $61.96. This rate is set at 85% of the single person rate of the age pension, and the Government updates it twice per year.

Each aged care provider sets its own daily accommodation fees. This rate will vary depending on the size and features of your room, as well as your care needs. Depending on eligibility, some people will have their accommodation costs met in full or in part by the Australian Government.

There are two ways you can pay your accommodation fee:

  1. Refundable Accommodation Deposit (RAD)
    The total price of your accommodation paid upfront, in full or in part.
  2. Daily Accommodation Payment (DAP)
    Instead of the lump sum RAD payment, the DAP can be paid periodically. It is, however, not refundable.

You can think of the RAD as similar to ‘buying’ a house and the DAP as more similar to paying rent.

Means-tested care fee

This is an extra contribution towards the cost of care that some people may be required to pay.

Services Australia (Centrelink) will determine the amount of your daily means-tested care fee, from $0 (no fee) to $416.05 (as at March 2024). The exact fee is based on an assessment of your income and assets.

This is an ongoing fee towards the cost of your personal and clinical care. Personal care can include help with bathing, dressing, and getting out and about. Clinical care includes services like medication assistance and nursing.

We also encourage you to seek advice from an accredited aged care financial planner.