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.
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.