The means tested care fee, is another fee which has income and asset implications. The principal home if assessed, has a component assessed as an asset for the means tested fee. The aged care means test and the aged care home ownership exemptions are different from Centrelink’s/DVA means test and home ownership exemptions. Be careful, the means tested care fee can change significantly when you sell the principal home.
From 1 January 2016, residents who entered care in that year will have the rental income assessed from the home under the aged care means tests.