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Financial assets and deeming 1 July 2016

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 Old rateNew RateDifference
Financial assets and deeming20/03/201601/07/2016 
Deeming thresholds Limit 
Single$48,600.00$49,200.00$600.00
Partnered (combined), including illness separated and respite care$80,600.00$81,600.00$1,000.00
    
Financial asset notification limits (non-transitional)   
Single Limit 
Service pension max rate $ variation (homeowner)$153,630.77$155,507.69$1,876.92
Service pension max rate $ variation (non-homeowner)$153,630.77$155,507.69$1,876.92
ISS ceiling rate $ variation (homeowner)$411,150.77$413,027.69$1,876.92
ISS ceiling rate $ variation (non-homeowner)$411,150.77$413,027.69$1,876.92
Age pension max rate (homeowner)$152,030.77$153,907.69$1,876.92
Age pension max rate (non-homeowner)$152,030.77$153,907.69$1,876.92
Part rate $ variation (income)$1,600.00$1,600.00$0.00
Part rate $ variation (assets)$750.00$750.00$0.00
Partnered - combined Limit 
Service pension max rate $ variation (homeowner)$270,800.00$274,461.54$3,661.54
Service pension max rate $ variation (non-homeowner)$270,800.00$274,461.54$3,661.54
ISS ceiling rate $ variation (homeowner)$807,360.00$811,021.54$3,661.54
ISS ceiling rate $ variation (non-homeowner)$807,360.00$811,021.54$3,661.54
Age pension max rate (homeowner)$267,600.00$271,261.54$3,661.54
Age pension max rate (non-homeowner)$267,600.00$271,261.54$3,661.54
Part rate $ variation (income)$3,200.00$3,200.00$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)$154,030.77$155,907.69$1,876.92
Service pension max rate $ variation (non-homeowner)$154,030.77$155,907.69$1,876.92
ISS ceiling rate $ variation (homeowner)$405,470.77$407,347.69$1,876.92
ISS ceiling rate $ variation (non-homeowner)$405,470.77$407,347.69$1,876.92
Age pension max rate (homeowner)$152,030.77$153,907.69$1,876.92
Age pension max rate (non-homeowner)$152,030.77$153,907.69$1,876.92
Part rate $ variation (income)$2,000.00$2,000.00$0.00
Part rate $ variation (assets)$750.00$750.00$0.00
Partnered - combined Limit 
Service pension max rate $ variation (homeowner)$271,600.00$275,261.54$3,661.54
Service pension max rate $ variation (non-homeowner)$271,600.00$275,261.54$3,661.54
ISS ceiling rate $ variation (homeowner)$736,500.00$741,500.00$5,000.00
ISS ceiling rate $ variation (non-homeowner)$885,500.00$893,000.00$7,500.00
Age pension max rate (homeowner)$267,600.00$271,261.54$3,661.54
Age pension max rate (non-homeowner)$267,600.00$271,261.54$3,661.54
Part rate $ variation (income)$4,000.00$4,000.00$0.00
Part rate $ variation (assets)$1,500.00$1,500.00$0.00