Financial assets and deeming 1 July 2014 | Compensation and Support Reference Library, Payment Rates, Historical Payment Rates, 2014 rates, July 2014 rates

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Financial assets and deeming 1 July 2014

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Old rate

New Rate

Difference

Financial assets and deeming

20/03/2014

01/07/2014

 

Deeming thresholds

 

Limit

 

Single

$46,600.00

$48,000.00

$1,400.00

Partnered (combined), including illness separated and respite care

$77,400.00

$79,600.00

$2,200.00

       

Financial asset notification limits (non-transitional)

 

 

 

Single

 

Limit

 

Service pension max rate $ variation (homeowner)

$137,342.86

$140,914.29

$3,571.43

Service pension max rate $ variation (non-homeowner)

$137,342.86

$140,914.29

$3,571.43

ISS ceiling rate $ variation (homeowner)

$368,297.14

$371,868.57

$3,571.43

ISS ceiling rate $ variation (non-homeowner)

$368,297.14

$371,868.57

$3,571.43

Age pension max rate (homeowner)

$135,857.14

$139,428.57

$3,571.43

Age pension max rate (non-homeowner)

$135,857.14

$139,428.57

$3,571.43

Part rate $ variation (income)

$1,485.71

$1,485.71

$0.00

Part rate $ variation (assets)

$750.00

$750.00

$0.00

Partnered - combined

 

Limit

 

Service pension max rate $ variation (homeowner)

$241,171.43

$248,057.14

$6,885.71

Service pension max rate $ variation (non-homeowner)

$241,171.43

$248,057.14

$6,885.71

ISS ceiling rate $ variation (homeowner)

$722,171.43

$729,057.14

$6,885.71

ISS ceiling rate $ variation (non-homeowner)

$722,171.43

$729,057.14

$6,885.71

Age pension max rate (homeowner)

$238,200.00

$245,085.71

$6,885.71

Age pension max rate (non-homeowner)

$238,200.00

$245,085.71

$6,885.71

Part rate $ variation (income)

$2,971.43

$2,971.43

$0.00

Part rate $ variation (assets)

$1,500.00

$1,500.00

$0.00

       

Financial asset notification limits (transitional)

 

 

 

Single

 

Limit

 

Service pension max rate $ variation (homeowner)

$137,714.29

$141,285.71

$3,571.43

Service pension max rate $ variation (non-homeowner)

$137,714.29

$141,285.71

$3,571.43

ISS ceiling rate $ variation (homeowner)

$368,854.29

$372,425.71

$3,571.43

ISS ceiling rate $ variation (non-homeowner)

$368,854.29

$372,425.71

$3,571.43

Age pension max rate (homeowner)

$135,857.14

$139,428.57

$3,571.43

Age pension max rate (non-homeowner)

$135,857.14

$139,428.57

$3,571.43

Part rate $ variation (income)

$1,857.14

$1,857.14

$0.00

Part rate $ variation (assets)

$750.00

$750.00

$0.00

Partnered - combined

 

Limit

 

Service pension max rate $ variation (homeowner)

$241,914.29

$248,800.00

$6,885.71

Service pension max rate $ variation (non-homeowner)

$241,914.29

$248,800.00

$6,885.71

ISS ceiling rate $ variation (homeowner)

$711,500.00

$719,000.00

$7,500.00

ISS ceiling rate $ variation (non-homeowner)

$816,811.43

$823,697.14

$6,885.71

Age pension max rate (homeowner)

$238,200.00

$245,085.71

$6,885.71

Age pension max rate (non-homeowner)

$238,200.00

$245,085.71

$6,885.71

Part rate $ variation (income)

$3,714.29

$3,714.29

$0.00

Part rate $ variation (assets)

$1,500.00

$1,500.00

$0.00