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Age Care

What’s happening to aged care room prices?

October 13, 2025

If you or a loved one is moving into aged care, you’ve probably noticed that aged care room prices are going up. In fact, they’ve already increased significantly in 2025 – and more changes are on the way.

Prices are rising                                                                                             

Since the start of 2025, the average cost of a room in aged care has gone up by about $46,000. This brings the average refundable accommodation deposit (RAD) to $572,589 as of July 2025 – up from $526,859 in December 2024. That’s an increase of 8.7%.

If you choose not to pay the lump sum RAD and instead pay the daily accommodation payment (DAP), this could make the ongoing fees higher too (depending on interest rates) – potentially adding thousands of dollars each year in daily “rent”.

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Age Care

6 Essential Aged Care Preparations You Can Make Today for a Secure Future

February 7, 2025

Aged care might not be at the top of your mind at the moment, but every week, month, and year that passes, you’ll have less time to focus on making aged care preparations for your finances. The best way to prepare for retirement is to plan accordingly and ensure you have the tools needed to handle the financial aspect of ageing. Doing this in advance will provide peace of mind and reassurance, so you can fully enjoy the journey of ageing and look forward to retirement.

In this article, we’ll explore six tips you can use to prepare for aged care in advance. With these tips, you can start planning for your future and ensure you have the tools or support needed to gain peace of mind about your finances. Here’s how to get started:

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Advice, Age Care, Age Pension

Aged care fee changes – what you need to know

December 17, 2024

After a long wait, new legislation, which is aimed at reshaping how aged care is delivered and funded in Australia, has been passed.

Like most countries around the world, our population continues to age, making it important to have a sustainable aged care system that provides quality care and treats our older Australians with dignity. But this also requires adequate funding.

The new Act is founded on person-centred principles, which puts you, as the user of care services, at the centre. The aim is to provide more choice and greater control, as well as defined rights for older Australians.

But the money is what most people are worried about. So, here’s what you need to know to stay informed and make sure you can afford the care that you need and want.

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Age Care

Aged Care Financial Planning: The Essential Role of Financial Advisors

October 25, 2024

Moving into aged care is one of life’s major milestones. It’s a moment when we tend to have more time on our hands, which can be a double-edged sword. Hours of anxiety can set in as we try to weigh up what’s going to be best for the future.

The home we own, often our most precious asset, typically takes centre stage. There’s added pressure because we know we’ve only one “go” at getting right what we decide to do with it.

Help is at hand in the form of aged care financial planning. Read on to discover how an aged care financial planner can smooth the way for a long and healthy financial future.

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Advice, Age Care, Age Pension, Finance Planning

It is never easy to transition a loved one into aged care

May 2, 2024

Helping a loved one into aged care is one of life’s most emotional and complex transitions. It’s not just about finding the right facility — it’s also about navigating the financial, legal, and administrative steps that come with it.

At PAC Financial Brisbane, our friendly and experienced advisers are here to support you through every stage. From managing Centrelink requirements to understanding aged care fees and protecting your family’s finances, we make the process seamless, transparent, and stress-free.

Our mission is simple: to remove uncertainty and empower you to make confident, informed decisions for your loved one’s well-being and your family’s future.

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