Financial assets and deeming 20 March 2024
| Old rate | New Rate | Difference | |
| Financial assets and deeming | 01/01/2024 | 20/03/2024 | |
| Deeming thresholds | Limit | ||
| Single | $ 60,400.00 | $ 60,400.00 | $ - |
| Partnered (combined), including illness separated and respite care | $ 100,200.00 | $ 100,200.00 | $ - |
| 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) | $ 291,733.33 | $ 291,733.33 | $ - |
| Service pension max rate $ variation (non-homeowner) | $ 291,733.33 | $ 291,733.33 | $ - |
| ISS ceiling rate $ variation (homeowner) | $ 552,500.00 | $ 557,250.00 | $ 4,750.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 754,302.22 | $ 762,622.22 | $ 8,320.00 |
| Age pension max rate (homeowner) | $ 289,422.22 | $ 289,422.22 | $ - |
| Age pension max rate (non-homeowner) | $ 289,422.22 | $ 289,422.22 | $ - |
| 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) | $ 452,000.00 | $ 452,000.00 | $ - |
| Service pension max rate $ variation (non-homeowner) | $ 509,688.89 | $ 509,688.89 | $ - |
| ISS ceiling rate $ variation (homeowner) | $ 775,500.00 | $ 781,500.00 | $ 6,000.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 1,017,500.00 | $ 1,023,500.00 | $ 6,000.00 |
| Age pension max rate (homeowner) | $ 451,500.00 | $ 451,500.00 | $ - |
| Age pension max rate (non-homeowner) | $ 505,066.67 | $ 505,066.67 | $ - |
| 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) | $ 292,311.11 | $ 292,311.11 | $ - |
| Service pension max rate $ variation (non-homeowner) | $ 292,311.11 | $ 292,311.11 | $ - |
| ISS ceiling rate $ variation (homeowner) | $ 494,000.00 | $ 497,250.00 | $ 3,250.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 681,040.00 | $ 687,106.67 | $ 6,066.67 |
| Age pension max rate (homeowner) | $ 289,422.22 | $ 289,422.22 | $ - |
| Age pension max rate (non-homeowner) | $ 289,422.22 | $ 289,422.22 | $ - |
| 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) | $ 452,500.00 | $ 452,500.00 | $ - |
| Service pension max rate $ variation (non-homeowner) | $ 510,844.44 | $ 510,844.44 | $ - |
| ISS ceiling rate $ variation (homeowner) | $ 719,000.00 | $ 724,000.00 | $ 5,000.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 961,000.00 | $ 966,000.00 | $ 5,000.00 |
| Age pension max rate (homeowner) | $ 451,500.00 | $ 451,500.00 | $ - |
| Age pension max rate (non-homeowner) | $ 505,066.67 | $ 505,066.67 | $ - |
| 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-march-2024/financial-assets-and-deeming-20-march-2024