Financial assets and deeming 1 July 2016
Old rate | New Rate | Difference | |
Financial assets and deeming | 20/03/2016 | 01/07/2016 | |
Deeming thresholds | Limit | ||
Single | $48,600.00 | $49,200.00 | $600.00 |
Partnered (combined), including illness separated and respite care | $80,600.00 | $81,600.00 | $1,000.00 |
Financial asset notification limits (non-transitional) | |||
Single | Limit | ||
Service pension max rate $ variation (homeowner) | $153,630.77 | $155,507.69 | $1,876.92 |
Service pension max rate $ variation (non-homeowner) | $153,630.77 | $155,507.69 | $1,876.92 |
ISS ceiling rate $ variation (homeowner) | $411,150.77 | $413,027.69 | $1,876.92 |
ISS ceiling rate $ variation (non-homeowner) | $411,150.77 | $413,027.69 | $1,876.92 |
Age pension max rate (homeowner) | $152,030.77 | $153,907.69 | $1,876.92 |
Age pension max rate (non-homeowner) | $152,030.77 | $153,907.69 | $1,876.92 |
Part rate $ variation (income) | $1,600.00 | $1,600.00 | $0.00 |
Part rate $ variation (assets) | $750.00 | $750.00 | $0.00 |
Partnered - combined | Limit | ||
Service pension max rate $ variation (homeowner) | $270,800.00 | $274,461.54 | $3,661.54 |
Service pension max rate $ variation (non-homeowner) | $270,800.00 | $274,461.54 | $3,661.54 |
ISS ceiling rate $ variation (homeowner) | $807,360.00 | $811,021.54 | $3,661.54 |
ISS ceiling rate $ variation (non-homeowner) | $807,360.00 | $811,021.54 | $3,661.54 |
Age pension max rate (homeowner) | $267,600.00 | $271,261.54 | $3,661.54 |
Age pension max rate (non-homeowner) | $267,600.00 | $271,261.54 | $3,661.54 |
Part rate $ variation (income) | $3,200.00 | $3,200.00 | $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) | $154,030.77 | $155,907.69 | $1,876.92 |
Service pension max rate $ variation (non-homeowner) | $154,030.77 | $155,907.69 | $1,876.92 |
ISS ceiling rate $ variation (homeowner) | $405,470.77 | $407,347.69 | $1,876.92 |
ISS ceiling rate $ variation (non-homeowner) | $405,470.77 | $407,347.69 | $1,876.92 |
Age pension max rate (homeowner) | $152,030.77 | $153,907.69 | $1,876.92 |
Age pension max rate (non-homeowner) | $152,030.77 | $153,907.69 | $1,876.92 |
Part rate $ variation (income) | $2,000.00 | $2,000.00 | $0.00 |
Part rate $ variation (assets) | $750.00 | $750.00 | $0.00 |
Partnered - combined | Limit | ||
Service pension max rate $ variation (homeowner) | $271,600.00 | $275,261.54 | $3,661.54 |
Service pension max rate $ variation (non-homeowner) | $271,600.00 | $275,261.54 | $3,661.54 |
ISS ceiling rate $ variation (homeowner) | $736,500.00 | $741,500.00 | $5,000.00 |
ISS ceiling rate $ variation (non-homeowner) | $885,500.00 | $893,000.00 | $7,500.00 |
Age pension max rate (homeowner) | $267,600.00 | $271,261.54 | $3,661.54 |
Age pension max rate (non-homeowner) | $267,600.00 | $271,261.54 | $3,661.54 |
Part rate $ variation (income) | $4,000.00 | $4,000.00 | $0.00 |
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/historical-payment-rates/2016-rates/1-july-2016/financial-assets-and-deeming-1-july-2016