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 [2]
Links
[1] https://clik.dva.gov.au/user/login?destination=node/32769%23comment-form
[2] https://clik.dva.gov.au/csrefpopref2-11