Financial assets and deeming 1 July 2022
| Old rate | New Rate | Difference | |
| Financial assets and deeming | 20/03/2022 | 01/07/2022 | |
| Deeming thresholds | Limit | ||
| Single | $ 53,600.00 | $ 56,400.00 | $ 2,800.00 |
| Partnered (combined), including illness separated and respite care | $ 89,000.00 | $ 93,600.00 | $ 4,600.00 |
| Deeming rates | |||
| Low deeming rate | 0.25% | 0.25% | N/A |
| High deeming rate | 2.25% | 2.25% | N/A |
| Financial asset notification limits (non-transitional) | |||
| Single | Limit | ||
| Service pension max rate $ variation (homeowner) | $ 257,955.56 | $ 272,000.00 | $ 14,044.44 |
| Service pension max rate $ variation (non-homeowner) | $ 257,955.56 | $ 272,000.00 | $ 14,044.44 |
| ISS ceiling rate $ variation (homeowner) | $ 496,250.00 | $ 505,750.00 | $ 9,500.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 675,457.78 | $ 689,502.22 | $ 14,044.44 |
| Age pension max rate (homeowner) | $ 255,644.44 | $ 269,688.89 | $ 14,044.44 |
| Age pension max rate (non-homeowner) | $ 255,644.44 | $ 269,688.89 | $ 14,044.44 |
| 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 | $ 419,500.00 | $ 14,000.00 |
| Service pension max rate $ variation (non-homeowner) | $ 453,511.11 | $ 476,088.89 | $ 22,577.78 |
| ISS ceiling rate $ variation (homeowner) | $ 696,500.00 | $ 710,500.00 | $ 14,000.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 913,000.00 | $ 935,000.00 | $ 22,000.00 |
| Age pension max rate (homeowner) | $ 405,000.00 | $ 419,000.00 | $ 14,000.00 |
| Age pension max rate (non-homeowner) | $ 448,888.89 | $ 471,466.67 | $ 22,577.78 |
| 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 | $ 272,577.78 | $ 14,044.44 |
| Service pension max rate $ variation (non-homeowner) | $ 258,533.33 | $ 272,577.78 | $ 14,044.44 |
| ISS ceiling rate $ variation (homeowner) | $ 446,500.00 | $ 456,000.00 | $ 9,500.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 634,666.67 | $ 648,711.11 | $ 14,044.44 |
| Age pension max rate (homeowner) | $ 255,644.44 | $ 269,688.89 | $ 14,044.44 |
| Age pension max rate (non-homeowner) | $ 255,644.44 | $ 269,688.89 | $ 14,044.44 |
| 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 | $ 420,000.00 | $ 14,000.00 |
| Service pension max rate $ variation (non-homeowner) | $ 454,666.67 | $ 477,244.44 | $ 22,577.78 |
| ISS ceiling rate $ variation (homeowner) | $ 650,500.00 | $ 664,500.00 | $ 14,000.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 867,000.00 | $ 889,000.00 | $ 22,000.00 |
| Age pension max rate (homeowner) | $ 405,000.00 | $ 419,000.00 | $ 14,000.00 |
| Age pension max rate (non-homeowner) | $ 448,888.89 | $ 471,466.67 | $ 22,577.78 |
| 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/1-july-2022/financial-assets-and-deeming-1-july-2022