{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/rc_asset_threshold_2.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_threshold_2",
    "former_ids": [],
    "label": "Aged care home means assessment: second asset threshold",
    "category": "aged_care",
    "category_label": "Aged care",
    "concept": "aged_care.residential.means_assessment.asset_threshold",
    "kind": "threshold",
    "dimensions": {
      "tier": 2,
      "cohort": "fee_arrangements_2025_11_01"
    },
    "value": 266000,
    "display_value": "$266,000",
    "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": "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": "The second of four asset thresholds the department lists for the residential care means assessment under the 1 November 2025 fee arrangements. The department says a resident whose income or assets are above certain thresholds pays means tested contributions, worked out by Services Australia, and that income and asset thresholds are indexed in March and September each year. The schedule does not set out how each threshold is used. Read in the department's schedule of fees and charges from 20 September 2026, which is a PDF linked from the source page.",
    "conditions": [],
    "exceptions": [],
    "caveats": [
      {
        "type": "use_not_stated",
        "text": "The schedule does not set out how each threshold is used."
      }
    ],
    "legal_basis": [],
    "derivation": null,
    "related": {
      "same_concept": [
        "rc_asset_threshold_1",
        "rc_asset_threshold_3",
        "rc_asset_threshold_4"
      ],
      "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: second asset threshold: $266,000, applies from 20 September 2026. Official source: Department of Health, Disability and Ageing, Schedule of Fees and Charges for Residential Care (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/aged-care/rc-asset-threshold-2/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/rc_asset_threshold_2.json",
      "page": "https://retirementwealth.com.au/rules/aged-care/rc-asset-threshold-2/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/rc_asset_threshold_2/2026-09-20.json"
    },
    "timeline": [
      {
        "value": 266000,
        "display_value": "$266,000",
        "ratio": null,
        "effective_from": "2026-09-20",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "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": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/rc_asset_threshold_2/2026-09-20.json"
      },
      {
        "value": 258000,
        "display_value": "$258,000",
        "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
      }
    ]
  }
}