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Financial assets and deeming 1 July 2018

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 Old rateNew RateDifference
Financial assets and deeming20/03/201801/07/2018 
Deeming thresholds Limit 
Single $      50,200.00 $      51,200.00 $      1,000.00
Partnered (combined), including illness separated and respite care $      83,400.00 $      85,000.00 $      1,600.00
Deeming rates   
Low deeming rate1.75%1.75%N/A
High deeming rate3.25%3.25%N/A
    
Financial asset notification limits (non-transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    159,169.23 $    162,830.77 $      3,661.54
Service pension max rate $ variation (non-homeowner) $    159,169.23 $    162,830.77 $      3,661.54
ISS ceiling rate $ variation (homeowner) $    425,969.23 $    429,630.77 $      3,661.54
ISS ceiling rate $ variation (non-homeowner) $    425,969.23 $    429,630.77 $      3,661.54
Age pension max rate (homeowner) $    157,569.23 $    161,230.77 $      3,661.54
Age pension max rate (non-homeowner) $    157,569.23 $    161,230.77 $      3,661.54
Part rate $ variation (income) $        1,600.00 $        1,600.00 $               -  
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    281,692.31 $    285,630.77 $      3,938.46
Service pension max rate $ variation (non-homeowner) $    281,692.31 $    285,630.77 $      3,938.46
ISS ceiling rate $ variation (homeowner) $    648,500.00 $    655,500.00 $      7,000.00
ISS ceiling rate $ variation (non-homeowner) $    837,932.31 $    841,870.77 $      3,938.46
Age pension max rate (homeowner) $    278,492.31 $    282,430.77 $      3,938.46
Age pension max rate (non-homeowner) $    278,492.31 $    282,430.77 $      3,938.46
Part rate $ variation (income) $        3,200.00 $        3,200.00 $               -  
Part rate $ variation (assets) $           750.00 $           750.00 $               -  
    
Financial asset notification limits (transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $    159,569.23 $    163,230.77 $      3,661.54
Service pension max rate $ variation (non-homeowner) $    159,569.23 $    163,230.77 $      3,661.54
ISS ceiling rate $ variation (homeowner) $    411,729.23 $    415,390.77 $      3,661.54
ISS ceiling rate $ variation (non-homeowner) $    411,729.23 $    415,390.77 $      3,661.54
Age pension max rate (homeowner) $    157,569.23 $    161,230.77 $      3,661.54
Age pension max rate (non-homeowner) $    157,569.23 $    161,230.77 $      3,661.54
Part rate $ variation (income) $        2,000.00 $        2,000.00 $               -  
Part rate $ variation (assets) $           500.00 $           500.00 $               -  
Partnered - combined Limit 
Service pension max rate $ variation (homeowner) $    282,492.31 $    286,430.77 $      3,938.46
Service pension max rate $ variation (non-homeowner) $    282,492.31 $    286,430.77 $      3,938.46
ISS ceiling rate $ variation (homeowner) $    609,500.00 $    616,500.00 $      7,000.00
ISS ceiling rate $ variation (non-homeowner) $    812,500.00 $    823,500.00 $    11,000.00
Age pension max rate (homeowner) $    278,492.31 $    282,430.77 $      3,938.46
Age pension max rate (non-homeowner) $    278,492.31 $    282,430.77 $      3,938.46
Part rate $ variation (income) $        4,000.00 $        4,000.00 $               -  
Part rate $ variation (assets) $           750.00 $           750.00 $               -