Financial assets and deeming 20 March 2015

  Old rate New Rate Difference
Financial assets and deeming 01/01/2015 20/03/2015  
Deeming thresholds   Limit  
Single $48,000.00 $48,000.00 $0.00
Partnered (combined), including illness separated and respite care $79,600.00 $79,600.00 $0.00
       
Financial asset notification limits (non-transitional)      
Single   Limit  
Service pension max rate $ variation (homeowner) $140,914.29 $151,753.85 $10,839.56
Service pension max rate $ variation (non-homeowner) $140,914.29 $151,753.85 $10,839.56
ISS ceiling rate $ variation (homeowner) $374,617.14 $405,113.85 $30,496.70
ISS ceiling rate $ variation (non-homeowner) $374,617.14 $405,113.85 $30,496.70
Age pension max rate (homeowner) $139,428.57 $150,153.85 $10,725.27
Age pension max rate (non-homeowner) $139,428.57 $150,153.85 $10,725.27
Part rate $ variation (income) $1,485.71 $1,600.00 $114.29
Part rate $ variation (assets) $750.00 $750.00 $0.00
Partnered - combined   Limit  
Service pension max rate $ variation (homeowner) $248,057.14 $267,138.46 $19,081.32
Service pension max rate $ variation (non-homeowner) $248,057.14 $267,138.46 $19,081.32
ISS ceiling rate $ variation (homeowner) $735,222.86 $794,500.00 $59,277.14
ISS ceiling rate $ variation (non-homeowner) $735,222.86 $795,218.46 $59,995.60
Age pension max rate (homeowner) $245,085.71 $263,938.46 $18,852.75
Age pension max rate (non-homeowner) $245,085.71 $263,938.46 $18,852.75
Part rate $ variation (income) $2,971.43 $3,200.00 $228.57
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) $141,285.71 $152,153.85 $10,868.13
Service pension max rate $ variation (non-homeowner) $141,285.71 $152,153.85 $10,868.13
ISS ceiling rate $ variation (homeowner) $370,420.00 $400,233.85 $29,813.85
ISS ceiling rate $ variation (non-homeowner) $370,420.00 $400,233.85 $29,813.85
Age pension max rate (homeowner) $139,428.57 $150,153.85 $10,725.27
Age pension max rate (non-homeowner) $139,428.57 $150,153.85 $10,725.27
Part rate $ variation (income) $1,857.14 $2,000.00 $142.86
Part rate $ variation (assets) $750.00 $750.00 $0.00
Partnered - combined   Limit  
Service pension max rate $ variation (homeowner) $248,800.00 $267,938.46 $19,138.46
Service pension max rate $ variation (non-homeowner) $248,800.00 $267,938.46 $19,138.46
ISS ceiling rate $ variation (homeowner) $722,000.00 $725,000.00 $3,000.00
ISS ceiling rate $ variation (non-homeowner) $823,177.14 $871,500.00 $48,322.86
Age pension max rate (homeowner) $245,085.71 $263,938.46 $18,852.75
Age pension max rate (non-homeowner) $245,085.71 $263,938.46 $18,852.75
Part rate $ variation (income) $3,714.29 $4,000.00 $285.71
Part rate $ variation (assets) $1,500.00 $1,500.00 $0.00

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2015/financial-assets-and-deeming-20-march-2015