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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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Successful High Court challenge on superannuation may flow on to many

Posted
by DPS

A retired spray painter has won a landmark High Court case that may leave the Federal Government with a large and unexpected superannuation bill.

John Cornwell was working at a Canberra bus depot in 1965 when his manager allegedly told him he was not entitled to join a super fund because he was only part-time.

Recently, the High Court found, by 6-1, that Mr Cornwell had been financially disadvantaged by the incorrect advice.

Finance Minister Nick Minchin said the Government would look at how to deal with other potential claims.

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