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Financial assets and deeming 1 July 2015

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  Old rate New Rate Difference
Financial assets and deeming 20/03/2015 01/07/2015  
Deeming thresholds   Limit  
Single $48,000.00 $48,600.00 $600.00
Partnered (combined), including illness separated and respite care $79,600.00 $80,600.00 $1,000.00
       
Financial asset notification limits (non-transitional)      
Single   Limit  
Service pension max rate $ variation (homeowner) $151,753.85 $153,630.77 $1,876.92
Service pension max rate $ variation (non-homeowner) $151,753.85 $153,630.77 $1,876.92
ISS ceiling rate $ variation (homeowner) $405,113.85 $406,990.77 $1,876.92
ISS ceiling rate $ variation (non-homeowner) $405,113.85 $406,990.77 $1,876.92
Age pension max rate (homeowner) $150,153.85 $152,030.77 $1,876.92
Age pension max rate (non-homeowner) $150,153.85 $152,030.77 $1,876.92
Part rate $ variation (income) $1,600.00 $1,600.00 $0.00
Part rate $ variation (assets) $750.00 $750.00 $0.00
Partnered - combined   Limit  
Service pension max rate $ variation (homeowner) $267,138.46 $270,800.00 $3,661.54
Service pension max rate $ variation (non-homeowner) $267,138.46 $270,800.00 $3,661.54
ISS ceiling rate $ variation (homeowner) $794,500.00 $798,880.00 $4,380.00
ISS ceiling rate $ variation (non-homeowner) $795,218.46 $798,880.00 $3,661.54
Age pension max rate (homeowner) $263,938.46 $267,600.00 $3,661.54
Age pension max rate (non-homeowner) $263,938.46 $267,600.00 $3,661.54
Part rate $ variation (income) $3,200.00 $3,200.00 $0.00
Part rate $ variation (assets) $1,500.00 $1,500.00 $0.00
       
Financial asset notification limits (transitional)      
Single   Limit  
Service pension max rate $ variation (homeowner) $152,153.85 $154,030.77 $1,876.92
Service pension max rate $ variation (non-homeowner) $152,153.85 $154,030.77 $1,876.92
ISS ceiling rate $ variation (homeowner) $400,233.85 $402,110.77 $1,876.92
ISS ceiling rate $ variation (non-homeowner) $400,233.85 $402,110.77 $1,876.92
Age pension max rate (homeowner) $150,153.85 $152,030.77 $1,876.92
Age pension max rate (non-homeowner) $150,153.85 $152,030.77 $1,876.92
Part rate $ variation (income) $2,000.00 $2,000.00 $0.00
Part rate $ variation (assets) $750.00 $750.00 $0.00
Partnered - combined   Limit  
Service pension max rate $ variation (homeowner) $267,938.46 $271,600.00 $3,661.54
Service pension max rate $ variation (non-homeowner) $267,938.46 $271,600.00 $3,661.54
ISS ceiling rate $ variation (homeowner) $725,000.00 $730,000.00 $5,000.00
ISS ceiling rate $ variation (non-homeowner) $871,500.00 $879,000.00 $7,500.00
Age pension max rate (homeowner) $263,938.46 $267,600.00 $3,661.54
Age pension max rate (non-homeowner) $263,938.46 $267,600.00 $3,661.54
Part rate $ variation (income) $4,000.00 $4,000.00 $0.00
Part rate $ variation (assets) $1,500.00 $1,500.00 $0.00