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Financial assets and deeming 20 March 2023

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 Old rateNew RateDifference
Financial assets and deeming01/01/202320/03/2023 
Deeming thresholds Limit 
Single $     56,400.00 $         56,400.00 $            -  
Partnered (combined), including illness separated and respite care $     93,600.00 $         93,600.00 $            -  
Deeming rates   
Low deeming rate0.25%0.25%N/A
High deeming rate2.25%2.25%N/A
    
Financial asset notification limits (non-transitional)   
Single Limit 
Service pension max rate $ variation (homeowner) $   272,000.00 $       272,000.00 $            -  
Service pension max rate $ variation (non-homeowner) $   272,000.00 $       272,000.00 $            -  
ISS ceiling rate $ variation (homeowner) $   514,750.00 $       523,500.00 $  8,750.00
ISS ceiling rate $ variation (non-homeowner) $   705,911.11 $       721,857.78 $15,946.67
Age pension max rate (homeowner) $   269,688.89 $       269,688.89 $            -  
Age pension max rate (non-homeowner) $   269,688.89 $       269,688.89 $            -  
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) $   419,500.00 $       419,500.00 $            -  
Service pension max rate $ variation (non-homeowner) $   476,088.89 $       476,088.89 $            -  
ISS ceiling rate $ variation (homeowner) $   722,500.00 $       733,500.00 $11,000.00
ISS ceiling rate $ variation (non-homeowner) $   947,000.00 $       958,000.00 $11,000.00
Age pension max rate (homeowner) $   419,000.00 $       419,000.00 $            -  
Age pension max rate (non-homeowner) $   471,466.67 $       471,466.67 $            -  
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) $   272,577.78 $       272,577.78 $            -  
Service pension max rate $ variation (non-homeowner) $   272,577.78 $       272,577.78 $            -  
ISS ceiling rate $ variation (homeowner) $   462,750.00 $       469,250.00 $  6,500.00
ISS ceiling rate $ variation (non-homeowner) $   661,884.44 $       674,653.33 $12,768.89
Age pension max rate (homeowner) $   269,688.89 $       269,688.89 $            -  
Age pension max rate (non-homeowner) $   269,688.89 $       269,688.89 $            -  
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) $   420,000.00 $       420,000.00 $            -  
Service pension max rate $ variation (non-homeowner) $   477,244.44 $       477,244.44 $            -  
ISS ceiling rate $ variation (homeowner) $   674,000.00 $       683,000.00 $  9,000.00
ISS ceiling rate $ variation (non-homeowner) $   898,500.00 $       907,500.00 $  9,000.00
Age pension max rate (homeowner) $   419,000.00 $       419,000.00 $            -  
Age pension max rate (non-homeowner) $   471,466.67 $       471,466.67 $            -  
Part rate $ variation (income) $       5,777.78 $           5,777.78 $            -  
Part rate $ variation (assets) $         750.00 $             750.00 $            -