Aged Care Accommodation Supplement to be Finalised

The aged care accommodation supplement for significant refurbishment is an important mechanism to encourage greater investment in the market through incentives for residential aged care providers to build and refurbish their facilities.
Victoria's Assistant Minister for Social Services Mitch Fifield said the Government is committed to making this supplement available to aged care providers. 
"The sector has had the opportunity to have a say on the draft application form for the supplement. Originally it was envisaged that providers would be able to apply for the supplement prior to, and receive payment from, 1 July 2014," Mr Fifield said
"I recognise Government consideration of the sustainability of the supplement has slowed down the application process. "In light of this, I have taken a decision that all eligible applications received before 31 July will be able to have their supplement payments backdated to 1 July 2014.
"The Government has an overriding duty to all taxpayers to ensure measures are managed within budget and we will continue to carefully monitor the efficacy and sustainability of all programs."