A resident must be left with this amount when $46,000 calculating the maximum accommodation bond. Asset Cut-off Level for supported3 resident status $46,000 for partially supported3 resident status $118,363.20 Interest Rates Maximum Permissible Interest Rate Per Annum – For accommodation bond agreements for all new residents from 1 July 2015 6.15% – 30 September 2015 For accommodation charge agreements for all new residents from 1 July 2015 3.50% – 19 September 2015 Base Interest Rate Per Annum – For accommodation bond agreements for all new residents from 1 July 2015 3.75% – 19 September 2015 Table 2 Maximum Daily Accommodation Charge for pre 1 July 2014 residents5, 7 (including those pre 1 July 2014 residents who enter your home during the period 1 July 2015 – 19 September 2015) for supported, concessional and charge N/A exempt residents Residents who first entered residential aged care between 20/3/2008 30/6/20144 – non-supported residents, if their assets at entry up to $34.79 or capped at maximum rate of are at least $118,363.20 previous entry supported residents, if assets at entry are calculated amount6 equal to or less than $118,363.20 Residents who first entered residential aged care between 1/7/2004 19/3/2008. – assisted residents, if their assets at entry are at up to $12.73 least $69,233.00 assisted residents, if their assets at entry are less calculated amount3 than $69.233.00 residents, if their assets at entry are at least up to $22.25 $86,607.00 residents, if their assets at entry are less than calculated amount3 $86,607.00 Residents who first entered residential aged care before 1/7/20048 assisted residents, if assets at entry are at up to $9.71 least $63,721.00
A resident must be left with this amount when calculating the maximum accommodation bond. $46,000 Asset Cut-off Level for supported3 resident status $46,000 for partially supported3 resident status $118,363.20 Interest Rates Maximum Permissible Interest Rate – Per Annum For accommodation bond agreements for all new residents from 1 July 2015 – 30 September 2015 6.15% For accommodation charge agreements for all new residents from 1 July 2015 – 19 September 2015 3.50% Base Interest Rate – Per Annum For accommodation bond agreements for all new residents from 1 July 2015 – 19 September 2015 3.75% Table 2 Maximum Daily Accommodation Charge for pre 1 July 2014 residents5, 7 (including those pre 1 July 2014 residents who enter your home during the period 1 July 2015 – 19 September 2015) for supported, concessional and charge exempt residents N/A Residents who first entered residential aged care between 20/3/2008 – 30/6/20144 non-supported residents, if their assets at entry are at least $118,363.20 up to $34.79 or capped at maximum rate of previous entry supported residents, if assets at entry are equal to or less than $118,363.20 calculated amount6 Residents who first entered residential aged care between 1/7/2004 – 19/3/2008. assisted residents, if their assets at entry are at least $69,233.00 up to $12.73 assisted residents, if their assets at entry are less than $69.233.00 calculated amount3 residents, if their assets at entry are at least $86,607.00 up to $22.25 residents, if their assets at entry are less than $86,607.00 calculated amount3 Residents who first entered residential aged care before 1/7/20048 assisted residents, if assets at entry are at least $63,721.00 up to $9.71