The funding method used by the government to calculate care subsidies paid to aged care providers changed on October 1 to the Australian National Aged Care Classification (AN-ACC) model.

This may help to increase revenue for care providers. For most residents it does not affect how much they pay (at least not over the longer term) but it may hit shorter-term cash flow and cause self-funded retirees to rethink decisions not to disclose finances to Services Australia.