Aged Care reforms 1 July 2025
- Tamara Schillaci
- Mar 7
- 1 min read
The Government has legislated changes to the cost of residential aged care, for Australians entering care from 1 July 2025.
A female aged 65 today has a 59% probability of entering aged care at some point in their lifetime. For a 65-year-old male, the probability is 43%. At some point in our lifetime we are more likely than not to need care. Yet, few of us are proactively planning for it.
Confusion, concern and complexity seem to be the common thread when we ask older Australians about aged care, making professional, financial advice absolutely critical.
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