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Edgarley News, Updates and Annoucements

LATEST NEWS

COVID Update Monday 30 June 2025
Covid Update News For Relatives

COVID Update Monday 30 June 2025

June 30, 2025
COVID cases Friday 27 June 2025
Covid Update News For Relatives

COVID cases Friday 27 June 2025

June 28, 2025
My Medicare
General News News For Relatives

My Medicare

June 23, 2025
Aged Care Act Announcement
General News News For Relatives

Aged Care Act Announcement

June 8, 2025
Influenza, RSV
General News News For Relatives

Influenza, RSV

May 28, 2025
« Previous 1 2 3 4 5 … 23 Next »

News Categories

  • Career Vacancies
  • Covid Update
  • General News
  • News For Relatives
  • News from CEO
  • Redevelopment
  • Resident Meeting Minutes
COVID Update 13 September 2023

COVID Update 13 September 2023

September 13, 2023 | Covid Update, News For Relatives

COVID Update 4 September 2023

COVID Update 4 September 2023

September 04, 2023 | Covid Update, News For Relatives

COVID Update 2 June 2023

COVID Update 2 June 2023

June 02, 2023 | Covid Update, News For Relatives

COVID Update 5 May 2023

COVID Update 5 May 2023

May 05, 2023 | Covid Update, News For Relatives

COVID Update 28 April 2023

COVID Update 28 April 2023

April 28, 2023 | Covid Update, News For Relatives

COVID Update 26 April 2023

COVID Update 26 April 2023

April 26, 2023 | Covid Update, News For Relatives

COVID Update 20 April 2023

COVID Update 20 April 2023

April 20, 2023 | Covid Update, News For Relatives

COVID Update 14 April 2023

COVID Update 14 April 2023

April 14, 2023 | Covid Update, News For Relatives

COVID Update 4 April 2023

COVID Update 4 April 2023

April 04, 2023 | Covid Update, News For Relatives

COVID Update 29 March 2023

COVID Update 29 March 2023

March 29, 2023 | Covid Update, News For Relatives

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Daily accommodation payment (DAP)

How does the calculation work?

EXAMPLE 1

If your room price is $500,000, your DAP will be worked out as follows:

Room Price × MPIR* / 365 Days
$500,000 × 6.31% / 365 Days
$86.44 per day

EXAMPLE 2

Lump Sum Paid (RAC)

Room Price − RAC Paid × (MPIR) / 365
$500,000 − $200,000 × (6.31%) / 365
= ($300,000 × 6.31%) / 365
= $51.86

Note: The MPIR used in this example (6.31%) is current as at 1 October 2022.

Refundable Accommodation Deposit (RAD)

If you choose to pay an amount as a lump sum, the balance is refunded when you leave the aged care home. Any amounts that you have drawn down from the lump sum to pay other aged care costs will not be refunded.

Paying a lump sum will reduce your Daily Accommodation Payment.

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