Financial assets and deeming 1 July 2019

 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%1.00%N/A
High deeming rate3.25%3.00%N/A
    
Financial asset notification limits (non-transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    162,830.77 $    187,066.67 $    24,235.90
Service pension max rate $ variation (non-homeowner) $    162,830.77 $    187,066.67 $    24,235.90
ISS ceiling rate $ variation (homeowner) $    434,670.77 $    475,000.00 $    40,329.23
ISS ceiling rate $ variation (non-homeowner) $    434,670.77 $    481,560.00 $    46,889.23
Age pension max rate (homeowner) $    161,230.77 $    185,333.33 $    24,102.56
Age pension max rate (non-homeowner) $    161,230.77 $    185,333.33 $    24,102.56
Part rate $ variation (income) $        1,600.00 $        1,733.33 $         133.33
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    285,630.77 $    327,866.67 $    42,235.90
Service pension max rate $ variation (non-homeowner) $    285,630.77 $    327,866.67 $     42,235.90
ISS ceiling rate $ variation (homeowner) $    661,000.00 $    668,000.00 $      7,000.00
ISS ceiling rate $ variation (non-homeowner) $    852,510.77 $    878,500.00 $     25,989.23
Age pension max rate (homeowner) $    282,430.77 $    324,400.00 $     41,969.23
Age pension max rate (non-homeowner) $    282,430.77

 $    324,400.00

 $     41,969.23
Part rate $ variation (income) $        3,200.00 $        3,466.57 $          266.67
Part rate $ variation (assets) $           750.00 $           750.00 $               -  
    
Financial asset notification limits (transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    163,230.77 $    187,500.00 $    24,269.23
Service pension max rate $ variation (non-homeowner) $    163,230.77 $    187,500.00 $    24,269.23
ISS ceiling rate $ variation (homeowner) $    415,310.77 $    429,250.00 $    13,939.23
ISS ceiling rate $ variation (non-homeowner) $    415,310.77 $    460,586.67 $     45,275.90
Age pension max rate (homeowner) $    161,230.77 $    185,333.33 $     24,102.56
Age pension max rate (non-homeowner) $    161,230.77 $    185,333.33 $     24,102.56
Part rate $ variation (income) $        2,000.00 $        2,166.67 $          166.67
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    286,430.77 $    328,733.33 $     42,302.56
Service pension max rate $ variation (non-homeowner) $    286,430.77 $    328,733.33 $     42,302.56
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 $    324,400.00 $     41,969.23
Age pension max rate (non-homeowner) $    282,430.77 $    324,400.00 $     41,969.23
Part rate $ variation (income) $        4,000.00 $        4,333.33 $          333.33
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/1-july-2019/financial-assets-and-deeming-1-july-2019