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Worried about deposit refund? You’re protected by 8.15pc ‘late fee’

Moving between aged care facilities is easier than you think. This is how it works.

Bina Brown
Bina BrownContributor

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Not every move into aged care is the right fit from the beginning, and circumstances change. Aged care is governed under federal legislation, which can make moving between facilities a relatively smooth process whether it’s the next suburb or interstate.

Dick Jenkins (not his real name) moved into aged care in Canberra with his wife Elizabeth three years before she died. They shared a delightful room, overlooking a garden. For those years, they continued to enjoy each other’s company and felt well cared for.

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Bina Brown is a director of Canberra-based aged care solutions company Third Age Matters. Email Bina at bina@thirdagematters.com.au

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    Original URL: https://www.afr.com/wealth/personal-finance/worried-about-deposit-refund-you-re-protected-by-8-15pc-late-fee-20231112-p5ejch