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Residential Care Subsidy : Contents

Asset thresholds

To be financially eligible for Residential Care Subsidy, clients aged 65 years or over must have assets equal to or below the applicable asset threshold.

The asset threshold used depends on the client's circumstances:

Client circumstance

Asset limit (as at 1 July 2026)

Single client

$300,811

Couple - both in care

$300,811

Couple - one partner is living in the community

$164,731* (excluding family home and car)

or

$300,811 (including family home and car)

*This asset threshold automatically applies to couples when one partner is living in the community (not assessed as requiring care). A client in this situation can choose to have the higher $300,811 (as at 1 July 2026) asset threshold (including family home and car) applied to their financial means assessment.

For previous asset thresholds see: Deskfile Asset thresholds.

For more information see:

Election process
Client with a partner

Residential Care Loan

Clients who are not financially eligible for Residential Care Subsidy due to excess assets, and who have been needs assessed as requiring long-term residential care in a hospital or rest home indefinitely, may be offered a Residential Care Loan.

For more information see:

Legislation

  • Applicable asset thresholds clause 1 schedule 2, Residential Care and Disability Support Services Act 2018
  • assets (definition) clause 4 schedule 2, Residential Care and Disability Support Services Act 2018
  • exempt assets (definition) clause 4 schedule 2, Residential Care and Disability Support Services Act 2018
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