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Financial assets and deeming 1 July 2019
Document
| Old rate | New Rate | Difference | |
| Financial assets and deeming | 20/03/2019 | 01/07/2019 | |
| Deeming thresholds | Limit | ||
| Single | $ 51,200.00 | $ 51,800.00 | $ 600.00 |
| Partnered (combined), including illness separated and respite care | $ 85,000.00 | $ 86,200.00 | $ 1,200.00 |
| Deeming rates | |||
| Low deeming rate | 1.75% | 1.00% | N/A |
| High deeming rate | 3.25% | 3.00% | N/A |
| Financial asset notification limits (non-transitional) | |||
| Single | Limit | ||
| Service pension max rate $ variation (homeowner) | $ 162,830.77 | $ 187,066.67 | $ 24,235.90 |
| Service pension max rate $ variation (non-homeowner) | $ 162,830.77 | $ 187,066.67 | $ 24,235.90 |
| ISS ceiling rate $ variation (homeowner) | $ 434,670.77 | $ 475,000.00 | $ 40,329.23 |
| ISS ceiling rate $ variation (non-homeowner) | $ 434,670.77 | $ 481,560.00 | $ 46,889.23 |
| Age pension max rate (homeowner) | $ 161,230.77 | $ 185,333.33 | $ 24,102.56 |
| Age pension max rate (non-homeowner) | $ 161,230.77 | $ 185,333.33 | $ 24,102.56 |
| Part rate $ variation (income) | $ 1,600.00 | $ 1,733.33 | $ 133.33 |
| Part rate $ variation (assets) | $ 500.00 | $ 500.00 | $ - |
| Partnered - combined | Limit | ||
| Service pension max rate $ variation (homeowner) | $ 285,630.77 | $ 327,866.67 | $ 42,235.90 |
| Service pension max rate $ variation (non-homeowner) | $ 285,630.77 | $ 327,866.67 | $ 42,235.90 |
| ISS ceiling rate $ variation (homeowner) | $ 661,000.00 | $ 668,000.00 | $ 7,000.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 852,510.77 | $ 878,500.00 | $ 25,989.23 |
| Age pension max rate (homeowner) | $ 282,430.77 | $ 324,400.00 | $ 41,969.23 |
| Age pension max rate (non-homeowner) | $ 282,430.77 | $ 324,400.00 | $ 41,969.23 |
| Part rate $ variation (income) | $ 3,200.00 | $ 3,466.57 | $ 266.67 |
| Part rate $ variation (assets) | $ 750.00 | $ 750.00 | $ - |
| Financial asset notification limits (transitional) | |||
| Single | Limit | ||
| Service pension max rate $ variation (homeowner) | $ 163,230.77 | $ 187,500.00 | $ 24,269.23 |
| Service pension max rate $ variation (non-homeowner) | $ 163,230.77 | $ 187,500.00 | $ 24,269.23 |
| ISS ceiling rate $ variation (homeowner) | $ 415,310.77 | $ 429,250.00 | $ 13,939.23 |
| ISS ceiling rate $ variation (non-homeowner) | $ 415,310.77 | $ 460,586.67 | $ 45,275.90 |
| Age pension max rate (homeowner) | $ 161,230.77 | $ 185,333.33 | $ 24,102.56 |
| Age pension max rate (non-homeowner) | $ 161,230.77 | $ 185,333.33 | $ 24,102.56 |
| Part rate $ variation (income) | $ 2,000.00 | $ 2,166.67 | $ 166.67 |
| Part rate $ variation (assets) | $ 500.00 | $ 500.00 | $ - |
| Partnered - combined | Limit | ||
| Service pension max rate $ variation (homeowner) | $ 286,430.77 | $ 328,733.33 | $ 42,302.56 |
| Service pension max rate $ variation (non-homeowner) | $ 286,430.77 | $ 328,733.33 | $ 42,302.56 |
| ISS ceiling rate $ variation (homeowner) | $ 620,000.00 | $ 627,000.00 | $ 7,000.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 827,000.00 | $ 837,500.00 | $ 10,500.00 |
| Age pension max rate (homeowner) | $ 282,430.77 | $ 324,400.00 | $ 41,969.23 |
| Age pension max rate (non-homeowner) | $ 282,430.77 | $ 324,400.00 | $ 41,969.23 |
| Part rate $ variation (income) | $ 4,000.00 | $ 4,333.33 | $ 333.33 |
| Part rate $ variation (assets) | $ 750.00 | $ 750.00 | $ - |