Only new entrants pay bond
Only people who enter aged care from 1 October will have an amount they pay for entry to an aged care facility assessed as an accommodation bond.
Existing residents of hostels and those people who enter hostels before 1 October will not be required to pay an additional amount as an accommodation bond or re-negotiate any amount they have already paid as an entry contribution.
Existing residents of nursing homes and those people who enter nursing homes before 1 October will not be required to pay an accommodation bond or entry contribution. More
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/departmental-instructions/1998/c121998-aged-care-reforms/attachment-calculating-if-accommodation-bonds-payable/only-new-entrants-pay-bond