| Old rate | New Rate | Difference |
Financial assets and deeming | 20/03/2024 | 01/07/2024 | |
Deeming thresholds | | Limit | |
Single | $60,400.00 | $62,600.00 | $2,200.00 |
Partnered (combined), including illness separated and respite care | $100,200.00 | $103,800.00 | $3,600.00 |
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 | $302,933.33 | $11,200.00 |
Service pension max rate $ variation (non-homeowner) | $291,733.33 | $302,933.33 | $11,200.00 |
ISS ceiling rate $ variation (homeowner) | $557,250.00 | $569,500.00 | $12,250.00 |
ISS ceiling rate $ variation (non-homeowner) | $762,622.22 | $773,822.22 | $11,200.00 |
Age pension max rate (homeowner) | $289,422.22 | $300,622.22 | $11,200.00 |
Age pension max rate (non-homeowner) | $289,422.22 | $300,622.22 | $11,200.00 |
Part rate $ variation (income) | $2,311.11 | $2,311.11 | $0.00 |
Part rate $ variation (assets) | $500.00 | $500.00 | $0.00 |
Partnered - combined | | Limit | |
Service pension max rate $ variation (homeowner) | $452,000.00 | $470,500.00 | $18,500.00 |
Service pension max rate $ variation (non-homeowner) | $509,688.89 | $526,755.56 | $17,066.67 |
ISS ceiling rate $ variation (homeowner) | $781,500.00 | $800,000.00 | $18,500.00 |
ISS ceiling rate $ variation (non-homeowner) | $1,023,500.00 | $1,052,000.00 | $28,500.00 |
Age pension max rate (homeowner) | $451,500.00 | $470,000.00 | $18,500.00 |
Age pension max rate (non-homeowner) | $505,066.67 | $522,133.33 | $17,066.67 |
Part rate $ variation (income) | $4,622.22 | $4,622.22 | $0.00 |
Part rate $ variation (assets) | $750.00 | $750.00 | $0.00 |
| | | |
Financial asset notification limits (transitional) | | | |
Single | | Limit | |
Service pension max rate $ variation (homeowner) | $292,311.11 | $303,511.11 | $11,200.00 |
Service pension max rate $ variation (non-homeowner) | $292,311.11 | $303,511.11 | $11,200.00 |
ISS ceiling rate $ variation (homeowner) | $497,250.00 | $509,500.00 | $12,250.00 |
ISS ceiling rate $ variation (non-homeowner) | $687,106.67 | $698,306.67 | $11,200.00 |
Age pension max rate (homeowner) | $289,422.22 | $300,622.22 | $11,200.00 |
Age pension max rate (non-homeowner) | $289,422.22 | $300,622.22 | $11,200.00 |
Part rate $ variation (income) | $2,888.89 | $2,888.89 | $0.00 |
Part rate $ variation (assets) | $500.00 | $500.00 | $0.00 |
Partnered - combined | | Limit | |
Service pension max rate $ variation (homeowner) | $452,500.00 | $471,000.00 | $18,500.00 |
Service pension max rate $ variation (non-homeowner) | $510,844.44 | $527,911.11 | $17,066.67 |
ISS ceiling rate $ variation (homeowner) | $724,000.00 | $742,500.00 | $18,500.00 |
ISS ceiling rate $ variation (non-homeowner) | $966,000.00 | $994,500.00 | $28,500.00 |
Age pension max rate (homeowner) | $451,500.00 | $470,000.00 | $18,500.00 |
Age pension max rate (non-homeowner) | $505,066.67 | $522,133.33 | $17,066.67 |
Part rate $ variation (income) | $5,777.78 | $5,777.78 | $0.00 |
Part rate $ variation (assets) | $750.00 | $750.00 | $0.00 |