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S6E2 Aged Care Changes

S6E2 Aged Care Changes

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This week's episode is all about the upcoming changes to the Aged Care rules. Nathan's good enough to take an oddly political Jordan through the changes this week, covering:

  • The expansion of the options in the Home Care arena from 4 to 8+2.
  • The value and impact the new 'End of Life' package is going to offer people who want to spend their last days in their home.
  • The changes to the fees - upfront and ongoing - for residential aged care.
  • How the new-but-not-new hotelling fee is adding to the overall cost.
  • Why these changes mean the middle class is going to feel the squeeze the most.

Nathan and Jordan also expound on why this is important and relevant for all advisers, not just those directly practicing in the space.

This was a fun one, with lots of ranting and political gasbagging amongst the - hopefully useful - practice insights.

Nathan:

advice@nathanfradley.com.au

www.nathanfradley.com.au

Jordan:

jordan@planningsolo.com.au

www.planningsolo.com.au

LinkedIn:

Challenge the Standard in Financial Advice (Podcast): Overview | LinkedIn

The information contained in this podcast is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Jordan and Nathan are both authorised representatives of PlanningSolo Licensing, AFS Licence 526143.

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