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RAD (Refundable Accommodation Deposit) is a lump-sum payment for aged care homes. It is fully refundable when the resident leaves, as long as there are no outstanding fees.
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Poll shows ageing Australia a growing concern

Posted
by DPS

Eight out of 10 people are concerned over the lack of infrastructure and affordable housing to deal with the nation’s growing and ageing population, research commissioned by the New South Wales (NSW) Benevolent Society has revealed.

Polling by Galaxy in all states showed that Australians across all age groups showed that more than 90% believe that Federal and state governments need to do more to deal with the funding shortfall as the country’s population over 65 doubles and the number of taxpayers to support them halves.

New types of housing developments that include universal design features were seen by the overwhelming majority of people surveyed as a way to meet housing needs, and 90% agreed with the need for a high allocation of low cost or subsidised housing.

When asked specifically about housing needs for older Australians, 86% said all governments must do more to make sure people can access affordable housing as they get older.

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