Learn about Australia’s new Aged Care Act 2024, including funding changes, compliance requirements, and how it affects care delivery and assessment.
Key areas covered:
- What are the main funding changes in the new Aged Care Act 2024?
- How does the new aged care needs assessment process work?
- What are the new requirements for aged care providers under the Act?

What are the main funding changes in the new Aged Care Act 2024?
The new Act introduces a revised funding model where aged care services are funded through Commonwealth contributions and means-tested individual contributions. The system includes person-centered subsidies, various supplements that can increase subsidy amounts, and accommodation payments or contributions for residential care based on means testing. Providers must now manage different types of accounts including ongoing home support, assistive technology, and home modifications accounts.
How does the new aged care needs assessment process work?
The assessment process now requires detailed discussions with individuals about their service requirements, preferences, and goals. Assessors must consider the individual’s rights to independence, autonomy, empowerment, and freedom of choice. The process includes supporting individuals to understand their rights under the Statement of Rights, and involves carers, family members, or advocates only if that is the individual’s preference. Reassessments can be requested when there are significant changes in circumstances.
What are the new requirements for aged care providers under the Act?
Providers must now be registered and comply with the Aged Care Code of Conduct. They are required to maintain continuous improvement plans, manage various funding accounts, and provide detailed notices about account balances when clients transfer to new providers. The Act also introduces stricter compliance measures, including potential compensation orders for serious injury or illness resulting from non-compliance, and requirements for proper documentation and reporting.




