Financial assets and deeming 20 September 2021

 Old rateNew RateDifference
Financial assets and deeming01/07/202120/09/2021 
Deeming thresholds Limit 
Single $      53,600.00 $      53,600.00 $               -  
Partnered (combined), including illness separated and respite care $      89,000.00 $      89,000.00 $               -  
Deeming rates   
Low deeming rate0.25%0.25%N/A
High deeming rate2.25%2.25%N/A
    
Financial asset notification limits (non-transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    257,955.56 $    257,955.56 $               -  
Service pension max rate $ variation (non-homeowner) $    257,955.56 $    257,955.56 $               -  
ISS ceiling rate $ variation (homeowner) $    488,250.00 $    491,500.00 $      3,250.00
ISS ceiling rate $ variation (non-homeowner) $    661,128.89 $    667,022.22 $      5,893.33
Age pension max rate (homeowner) $    255,644.44 $    255,644.44 $               -  
Age pension max rate (non-homeowner) $    255,644.44 $    255,644.44 $               -  
Part rate $ variation (income) $        2,311.11 $        2,311.11 $               -  
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    405,500.00 $    405,500.00 $               -  
Service pension max rate $ variation (non-homeowner) $    453,511.11 $    453,511.11 $               -  
ISS ceiling rate $ variation (homeowner) $    686,500.00 $    691,000.00 $      4,500.00
ISS ceiling rate $ variation (non-homeowner) $    903,000.00 $    907,500.00 $      4,500.00
Age pension max rate (homeowner) $    405,000.00 $    405,000.00 $               -  
Age pension max rate (non-homeowner) $    448,888.89 $    448,888.89 $               -  
Part rate $ variation (income) $        4,622.22 $        4,622.22 $               -  
Part rate $ variation (assets) $           750.00 $           750.00 $               -  
    
Financial asset notification limits (transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    258,533.33 $    258,533.33 $               -  
Service pension max rate $ variation (non-homeowner) $    258,533.33 $    258,533.33 $               -  
ISS ceiling rate $ variation (homeowner) $    440,750.00 $    443,000.00 $      2,250.00
ISS ceiling rate $ variation (non-homeowner) $    627,213.33 $    628,022.22 $        808.89
Age pension max rate (homeowner) $    255,644.44 $    255,644.44 $               -  
Age pension max rate (non-homeowner) $    255,644.44 $    255,644.44 $               -  
Part rate $ variation (income) $        2,888.89 $        2,888.89 $               -  
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    406,000.00 $    406,000.00 $               -  
Service pension max rate $ variation (non-homeowner) $    454,666.67 $    454,666.67 $               -  
ISS ceiling rate $ variation (homeowner) $    643,000.00 $    646,000.00 $      3,000.00
ISS ceiling rate $ variation (non-homeowner) $    859,500.00 $    862,500.00 $      3,000.00
Age pension max rate (homeowner) $    405,000.00 $    405,000.00 $               -  
Age pension max rate (non-homeowner) $    448,888.89 $    448,888.89 $               -  
Part rate $ variation (income) $        5,777.78 $        5,777.78 $               -  
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-september-2021/financial-assets-and-deeming-20-september-2021