Detail of Albanese government’s aged care reforms revealed

Sky News Political Editor Andrew Clennell has revealed details of the aged care reforms soon to be announced by the Albanese government as part of the deal with the Opposition to get the package through the Senate. “The refundable accommodation deposit – a payment now pegged at a maximum of $550,000 will have that rate lifted as part of the reforms, so more interest from the bonds can be used to pay for aged care services being provided to residents of homes,” Mr Clennell said. “On top of that, the daily fees to pay for things like food and other services will also be lifted, but I am now being told speculation that self-funded retirees could pay as much as $40,000 a year for their care is wrong. “All healthcare of aged care residents will be looked after, and everyone will have access to aged care, but so as to not blow out the budget, the uplift in fees will be for food and other services.”