{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/rc_asset_free_area.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "rc_asset_free_area",
    "former_ids": [],
    "label": "Aged care home means assessment: asset free area",
    "category": "aged_care",
    "category_label": "Aged care",
    "concept": "aged_care.residential.means_assessment.asset_free_area",
    "kind": "threshold",
    "dimensions": {},
    "value": 66500,
    "display_value": "$66,500",
    "unit": {
      "code": "AUD",
      "plain": "Australian dollars",
      "quantity": "money",
      "currency": "AUD",
      "per": null,
      "per_amount": null,
      "ratio_divisor": null
    },
    "ratio": null,
    "effective_from": "2026-09-20",
    "effective_from_basis": "value",
    "validity": {
      "from": "2026-09-20",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "20_march_20_september",
    "review_dates": [
      "03-20",
      "09-20"
    ],
    "source": {
      "title": "Aged care home costs and fees",
      "publisher": "My Aged Care (Department of Health, Disability and Ageing)",
      "url": "https://www.myagedcare.gov.au/aged-care-home-costs-and-fees",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "My Aged Care says the government pays the full accommodation costs of a person whose assets are below this amount and whose income is below the income free area. The effective date comes from the Department of Health, Disability and Ageing schedule of fees and charges from 20 September 2026.",
    "conditions": [],
    "exceptions": [],
    "caveats": [],
    "legal_basis": [],
    "derivation": null,
    "related": {
      "same_concept": [],
      "inputs": [],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 10,
      "recorded_at": "2026-10-11T09:51:15Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Aged care home means assessment: asset free area: $66,500, applies from 20 September 2026. Official source: My Aged Care (Department of Health, Disability and Ageing), Aged care home costs and fees (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/aged-care/rc-asset-free-area/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/rc_asset_free_area.json",
      "page": "https://retirementwealth.com.au/rules/aged-care/rc-asset-free-area/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/rc_asset_free_area/2026-09-20.json"
    },
    "timeline": [
      {
        "value": 66500,
        "display_value": "$66,500",
        "ratio": null,
        "effective_from": "2026-09-20",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "Aged care home costs and fees",
          "publisher": "My Aged Care (Department of Health, Disability and Ageing)",
          "url": "https://www.myagedcare.gov.au/aged-care-home-costs-and-fees",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/rc_asset_free_area/2026-09-20.json"
      },
      {
        "value": 64500,
        "display_value": "$64,500",
        "ratio": null,
        "effective_from": null,
        "effective_to": "2026-09-19",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Schedule of Fees and Charges for Residential Care",
          "publisher": "Department of Health, Disability and Ageing",
          "url": "https://www.health.gov.au/resources/publications/schedule-of-fees-and-charges-for-residential-care",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": "Listed in the schedules from 20 March 2026 and 1 July 2026. The source does not state when it started.",
        "url": null
      }
    ]
  }
}