Aged Care

Taking steps to prepare for older age earlier in life, as well as during the retirement years, has been shown to improve the chances of positive wellbeing across physical and mental health, financial security, and social relationships. This was a finding from a recent...

Are you currently an informal carer for an elderly parent, relative, or friend at home? With the number of Australians aged over 85 and the number of centenarians set to triple and increase six-fold over the next 40 years, many Australians are becoming informal care...

We often hear from our clients that moving to a retirement village is a lifestyle decision. When looking to downsize, they tell us there are several benefits. This includes the ability to continue to live independently, socialise with like-minded people and provide...

Navigating the aged care system can be challenging and overwhelming. There are several pitfalls that can trip you up along the way, from unexpected costs to unsuitable care. By being aware of these common pitfalls and taking steps to avoid them, you can ensure that...

We are delighted to announce that Alteris has been named winner of the Aged Care Steps Aged Care Advice Program of the Year The Aged Care Adviser of the Year Awards formed part of the broader 2022 campaign launched by Aged Care Steps which aimed to raise awareness of...

Residential aged care fees can vary enormously as they are based on the financial position of the person entering care. The care fees charged to a resident, that are subject to means testing, can vary from $0 to $370 per day…

When spritely centenarian and Alteris Lifestyle and Care client Bruce needed to transition to permanent residential aged care, the one thing he wanted seemed out of reach. During his respite stay, 100-year-old Bruce loved his room and its east-facing veranda which...

Our clients often tell us that the decision to move a parent into residential care leaves them feeling overwhelmed with emotion and apprehension. While they know permanent residential care is the right step for their loved one, the financial considerations can...

It isn’t uncommon for parents to want to help their children or other family members financially through a gift of cash. But did you know that providing a financial gift can affect your Age Pension and aged care costs? If this is something you are considering, it is...

The good news is that this year's Budget did not increase how much we pay for the aged care services that we access. But an additional $17.7 billion spend – which will be fully paid for by the Government - was aimed at increasing access and improving quality. With an...

Moving a parent or partner into residential aged care is rarely a calm decision. It usually follows a fall, a hospital stay, or a slow realisation that home is no longer safe. On top of the emotional weight, families are handed paperwork and told to choose between a Refundable Accommodation Deposit (RAD) and a Daily Accommodation Payment (DAP)

As we move through the various phases of retirement, our lifestyle and care needs will change as at some point we, or our loved ones, will need varying degrees of assistance. What type of government support is available as care needs change? What could be the costs...

When a loved one needs to go into care the family is often met with a range of costs. These can vary between aged care providers and are broken down into three broad areas. There are accommodation payments, living costs and additional services to be considered, and...

Christmas is a time of giving, when thoughts turn to family and to helping those less fortunate. To gift in a meaningful way that maximises the benefits, it’s important to consider tax. While Australia doesn’t have a gift tax, there are tax considerations nonetheless...