Financial Rules Update for Residential Care

Date: Tuesday 9 September 2025
Time: 1.00pm to 2.30pm SA, NT | 1.30pm to 3.00pm VIC, NSW, ACT, TAS, QLD | 11.30am to 1.00pm WA
Audience: CEO’s, Executive Managers, Managers, Finance and Accounting staff, Team Leaders, Coordinators and anyone interested in Residential Care financial management and operations 

The Department of Health, Disability, and Ageing is implementing significant residential care reforms starting November 1, 2025, which include the implementation of the new Aged Care Act and the commencement of the Support at Home program. The No worse off principle for Australians already in aged care means that residential care providers are required to operate under two different rules supporting both grandparenting clients and the new aged care residents.

In this webinar we will explore:  

• Updates on financial rules; pricing and claiming

• Changes to Means-Tested Care Fees, Annual Lifetime Caps and other contributions

• Room price caps increase and Refundable Accommodation Deposits (RAD) Retention

• FY 2025, Residential Care, National Summary Results Analysis

• New financial and prudential standards (Effective 1 November 2025)

• Removal of bed licences

• Opportunities for providers

• Challenges, risks, impacts and opportunities

• Risks associated with the reforms

Presented by: David Sinclair, Partner with StewartBrown

David specialises in providing services and advice to the aged care, disability and community services businesses.

David has over 30 years' of experience in professional practice with a background in audit (internal and external), insolvency and a wide range of consulting assignments to a variety of industries. David is also past chairman and continuing Director of an aged care provider.

David holds a Bachelor of Economics, is a Chartered Accountant, an Associate Member of the Institute of Internal Auditors and Member of the Australian Institute of Company Directors.

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