ACG Adviser Factsheet DEEMING
July 5, 2020
Deeming is a set of rules used to assess income from financial investments for social security and aged care purposes. Deeming assumes that financial investments
This document is part of the Aged Care Gurus Advice Library. You can find templates for SOA Wording, DVA Forms, Aged Care Forms, and Centrelink Forms.
Members also have access to the Marketing Library, Technical Library and Further Education.
Deeming is a set of rules used to assess income from financial investments for social security and aged care purposes. Deeming assumes that financial investments
Current as of March 2020
Accommodation bond For those who entered care prior to 1 July 2014, the amount payable for permanent entry to an aged care facility (low care
Post 1 July 2014 a person's ability to contribute towards the cost of their accommodation and care is subject to a means test which incorporates
Prior to 1 July 2014 Residential Aged Care was categorised into three types; Low Care, High Care and Extra Services. A different financial arrangement applied
