Financial assets and deeming 20 March 2019
Old rate | New Rate | Difference | |
Financial assets and deeming | 01/01/2019 | 20/03/2019 | |
Deeming thresholds | Limit | ||
Single | $ 51,200.00 | $ 51,200.00 | $ - |
Partnered (combined), including illness separated and respite care | $ 85,000.00 | $ 85,000.00 | $ - |
Deeming rates | |||
Low deeming rate | 1.75% | 1.75% | N/A |
High deeming rate | 3.25% | 3.25% | N/A |
Financial asset notification limits (non-transitional) | |||
Single | Limit | ||
Service pension max rate $ variation (homeowner) | $ 162,830.77 | $ 162,830.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 162,830.77 | $ 162,830.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 431,870.77 | $ 434,670.77 | $ 2,800.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 431,870.77 | $ 434,670.77 | $ 2,800.00 |
Age pension max rate (homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
Age pension max rate (non-homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
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 | $ 285,630.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 285,630.77 | $ 285,630.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 658,000.00 | $ 661,000.00 | $ 3,000.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 846,830.77 | $ 852,510.77 | $ 5,680.00 |
Age pension max rate (homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
Age pension max rate (non-homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
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 | $ 163,230.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 163,230.77 | $ 163,230.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 414,590.77 | $ 415,310.77 | $ 720.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 414,590.77 | $ 415,310.77 | $ 720.00 |
Age pension max rate (homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
Age pension max rate (non-homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
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 | $ 286,430.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 286,430.77 | $ 286,430.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 618,000.00 | $ 620,000.00 | $ 2,000.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 825,000.00 | $ 827,000.00 | $ 2,000.00 |
Age pension max rate (homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
Age pension max rate (non-homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
Part rate $ variation (income) | $ 4,000.00 | $ 4,000.00 | $ - |
Part rate $ variation (assets) | $ 750.00 | $ 750.00 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2019/financial-assets-and-deeming-20-march-2019