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Financial assets and deeming 20 September 2014

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  Old rate New Rate Difference
Financial assets and deeming 01/07/2014 20/09/2014  
Deeming thresholds   Limit  
Single $48,000.00 $48,000.00 $0.00
Partnered (combined), including illness separated and respite care $79,600.00 $79,600.00 $0.00
       
Financial asset notification limits (non-transitional)      
Single   Limit  
Service pension max rate $ variation (homeowner) $140,914.29 $140,914.29 $0.00
Service pension max rate $ variation (non-homeowner) $140,914.29 $140,914.29 $0.00
ISS ceiling rate $ variation (homeowner) $371,868.57 $374,617.14 $2,748.57
ISS ceiling rate $ variation (non-homeowner) $371,868.57 $374,617.14 $2,748.57
Age pension max rate (homeowner) $139,428.57 $139,428.57 $0.00
Age pension max rate (non-homeowner) $139,428.57 $139,428.57 $0.00
Part rate $ variation (income) $1,485.71 $1,485.71 $0.00
Part rate $ variation (assets) $750.00 $750.00 $0.00
Partnered - combined   Limit  
Service pension max rate $ variation (homeowner) $248,057.14 $248,057.14 $0.00
Service pension max rate $ variation (non-homeowner) $248,057.14 $248,057.14 $0.00
ISS ceiling rate $ variation (homeowner) $729,057.14 $735,222.86 $6,165.71
ISS ceiling rate $ variation (non-homeowner) $729,057.14 $735,222.86 $6,165.71
Age pension max rate (homeowner) $245,085.71 $245,085.71 $0.00
Age pension max rate (non-homeowner) $245,085.71 $245,085.71 $0.00
Part rate $ variation (income) $2,971.43 $2,971.43 $0.00
Part rate $ variation (assets) $1,500.00 $1,500.00 $0.00
       
Financial asset notification limits (transitional)      
Single   Limit  
Service pension max rate $ variation (homeowner) $141,285.71 $141,285.71 $0.00
Service pension max rate $ variation (non-homeowner) $141,285.71 $141,285.71 $0.00
ISS ceiling rate $ variation (homeowner) $372,425.71 $370,420.00 -$2,005.71
ISS ceiling rate $ variation (non-homeowner) $372,425.71 $370,420.00 -$2,005.71
Age pension max rate (homeowner) $139,428.57 $139,428.57 $0.00
Age pension max rate (non-homeowner) $139,428.57 $139,428.57 $0.00
Part rate $ variation (income) $1,857.14 $1,857.14 $0.00
Part rate $ variation (assets) $750.00 $750.00 $0.00
Partnered - combined   Limit  
Service pension max rate $ variation (homeowner) $248,800.00 $248,800.00 $0.00
Service pension max rate $ variation (non-homeowner) $248,800.00 $248,800.00 $0.00
ISS ceiling rate $ variation (homeowner) $719,000.00 $722,000.00 $3,000.00
ISS ceiling rate $ variation (non-homeowner) $823,697.14 $823,177.14 -$520.00
Age pension max rate (homeowner) $245,085.71 $245,085.71 $0.00
Age pension max rate (non-homeowner) $245,085.71 $245,085.71 $0.00
Part rate $ variation (income) $3,714.29 $3,714.29 $0.00
Part rate $ variation (assets) $1,500.00 $1,500.00 $0.00