Menu

Refundable accommodation deposit (RAD) indexation calculator

Date published: 9 July 2022

You can use this calculator to work out the indexed RAD amount for your current approval year.

To index a RAD amount for the current approval year, enter the:

RAD approval date
This is the date of the approval letter. If we approved your RAD with conditions, use the date of the ‘Satisfaction of Conditions’ letter.

Current RAD amount
This is the approved RAD amount or the current indexed amount (if you have applied indexation on earlier approval anniversaries).

Instructions

1. Enter the RAD approval date

2. Enter the approved Current RAD amount

3. Hit the Calculate button to check the price after indexation.

To start over press refresh this page.

This is the date of the approval letter. If we approved your RAD with conditions, use the date of the 'Satisfaction of Conditions' letter.
$
This is the approved RAD amount or the current indexed amount (if you have applied indexation on earlier approval anniversaries).

What the calculator does

Residential aged care providers can use this calculator to work out the indexed RAD amount for the current approval year.

You cannot use this calculator for previous or future approval years. This calculator only works for the current approval year.

Using the calculator

You will need to enter the approval date of the RAD and the current RAD amount.

Data source

This calculator uses the All Groups Consumer Price Index (CPI) data from the Australian Bureau of Statistics (ABS) website.

Privacy

We do not ask for personal information.

The information you enter into this calculator will appear in our website visit data. To find out more, see our privacy policy.

Find out more

Find out more about indexation of approved RADs.

Is this page useful?

Thank you for your feedback.