Financial assets and deeming 1 January 2022

 Old rateNew RateDifference
Financial assets and deeming20/09/202101/01/2022 
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) $     491,500.00 $     491,500.00 $                 -  
ISS ceiling rate $ variation (non-homeowner) $     667,022.22 $     667,022.22 $                 -  
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) $     691,000.00 $     691,000.00 $                 -  
ISS ceiling rate $ variation (non-homeowner) $     907,500.00 $     907,500.00 $                 -  
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) $     443,000.00 $     443,000.00 $                 -  
ISS ceiling rate $ variation (non-homeowner) $     628,022.22 $     628,022.22 $                 -  
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) $     646,000.00 $     646,000.00 $                 -  
ISS ceiling rate $ variation (non-homeowner) $     862,500.00 $     862,500.00 $                 -  
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) $         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/financial-assets-and-deeming-1-january-2022