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Financial assets and deeming 1 July 2019

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 Old rateNew RateDifference
Financial assets and deeming20/03/201901/07/2019 
Deeming thresholds Limit 
Single $      51,200.00 $      51,800.00 $        600.00
Partnered (combined), including illness separated and respite care $      85,000.00 $      86,200.00 $      1,200.00
Deeming rates   
Low deeming rate1.75%1.75%N/A
High deeming rate3.25%3.25%N/A
    
Financial asset notification limits (non-transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    162,830.77 $    164,707.69 $      1,876.92
Service pension max rate $ variation (non-homeowner) $    162,830.77 $    164,707.69 $      1,876.92
ISS ceiling rate $ variation (homeowner) $    434,670.77 $    436,547.69 $      1,876.92
ISS ceiling rate $ variation (non-homeowner) $    434,670.77 $    436,547.69 $      1,876.92
Age pension max rate (homeowner) $    161,230.77 $    163,107.69 $      1,876.92
Age pension max rate (non-homeowner) $    161,230.77 $    163,107.69 $      1,876.92
Part rate $ variation (income) $        1,600.00 $        1,600.00 $               -  
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    285,630.77 $    289,384.62 $      3,753.85
Service pension max rate $ variation (non-homeowner) $    285,630.77 $    289,384.62 $      3,753.85
ISS ceiling rate $ variation (homeowner) $    661,000.00 $    668,000.00 $      7,000.00
ISS ceiling rate $ variation (non-homeowner) $    852,510.77 $    856,264.62 $      3,753.85
Age pension max rate (homeowner) $    282,430.77 $    286,184.62 $      3,753.85
Age pension max rate (non-homeowner) $    282,430.77 $    286,184.62 $      3,753.85
Part rate $ variation (income) $        3,200.00 $        3,200.00 $               -  
Part rate $ variation (assets) $           750.00 $           750.00 $               -  
    
Financial asset notification limits (transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    163,230.77 $    165,107.69 $      1,876.92
Service pension max rate $ variation (non-homeowner) $    163,230.77 $    165,107.69 $      1,876.92
ISS ceiling rate $ variation (homeowner) $    415,310.77 $    417,187.69 $      1,876.92
ISS ceiling rate $ variation (non-homeowner) $    415,310.77 $    417,187.69 $      1,876.92
Age pension max rate (homeowner) $    161,230.77 $    163,107.69 $      1,876.92
Age pension max rate (non-homeowner) $    161,230.77 $    163,107.69 $      1,876.92
Part rate $ variation (income) $        2,000.00 $        2,000.00 $               -  
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    286,430.77 $    290,184.62 $      3,753.85
Service pension max rate $ variation (non-homeowner) $    286,430.77 $    290,184.62 $      3,753.85
ISS ceiling rate $ variation (homeowner) $    620,000.00 $    627,000.00 $      7,000.00
ISS ceiling rate $ variation (non-homeowner) $    827,000.00 $    837,500.00 $    10,500.00
Age pension max rate (homeowner) $    282,430.77 $    286,184.62 $      3,753.85
Age pension max rate (non-homeowner) $    282,430.77 $    286,184.62 $      3,753.85
Part rate $ variation (income) $        4,000.00 $        4,000.00 $               -  
Part rate $ variation (assets) $           750.00 $           750.00 $               -