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Financial assets and deeming 20 September 2023
Document
| Old rate | New Rate | Difference | |
| Financial assets and deeming | 01/07/2023 | 20/09/2023 | |
| 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 rate | 0.25% | 0.25% | N/A |
| High deeming rate | 2.25% | 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) | $ 545,250.00 | $ 552,500.00 | $ 7,250.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 741,591.11 | $ 754,302.22 | $ 12,711.11 |
| 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) | $ 766,000.00 | $ 775,500.00 | $ 9,500.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 1,008,000.00 | $ 1,017,500.00 | $ 9,500.00 |
| 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) | $ 491,000.00 | $ 494,000.00 | $ 3,000.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 694,386.67 | $ 681,040.00 | -$ 13,346.67 |
| 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) | $ 715,500.00 | $ 719,000.00 | $ 3,500.00 |
| ISS ceiling rate $ variation (non-homeowner) | $ 957,500.00 | $ 961,000.00 | $ 3,500.00 |
| 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 | $ - |