The cash flow challenge for low means aged care residents | Accurium

The cash flow challenge for low means aged care residents

Brought to you by Challenger Tech

Aged care residents assessed as low means are eligible to receive government support for their accommodation but will still have to pay certain costs. This article explores the definition of a low means resident, some important considerations for low means clients and strategies to help them meet their cash flow needs.


This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.