you're reading...

Residential care subsidy changes enacted

Effective 1 July 2012 the asset testing thresholds for determining eligibility for a residential care subsidy will be CPI adjusted on 1 July of each year.  This adjustment replaces the previous mechanism, which increased the thresholds by $10,000 each year and was to apply until 1 July 2025.  

For more information on residential care subsidies see Residential care subsidy update and Budget 2012 changes to residential care subsidies 


  • Social Security (Long-term Residential Care – Budget Measures) Amendment Act 2012



No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s



%d bloggers like this: