External
Payment Rate
 Old rateNew RateDifference
Financial assets and deeming01/01/202420/03/2024 
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 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) $     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 $              -