| Old rate | New Rate | Difference |
Financial Assets and Deeming | 01/07/2024 | 20/09/2024 | |
Deeming thresholds | | Limit | |
Single | $62,600.00 | $62,600.00 | $0.00 |
Partnered (combined), including illness separated and respite care | $103,800.00 | $103,800.00 | $0.00 |
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) | $302,933.33 | $302,933.33 | $0.00 |
Service pension max rate $ variation (non-homeowner) | $302,933.33 | $302,933.33 | $0.00 |
ISS ceiling rate $ variation (homeowner) | $569,500.00 | $575,750.00 | $6,250.00 |
ISS ceiling rate $ variation (non-homeowner) | $773,822.22 | $784,915.56 | $11,093.33 |
Age pension max rate (homeowner) | $300,622.22 | $300,622.22 | $0.00 |
Age pension max rate (non-homeowner) | $300,622.22 | $300,622.22 | $0.00 |
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) | $470,500.00 | $470,500.00 | $0.00 |
Service pension max rate $ variation (non-homeowner) | $526,755.56 | $526,755.56 | $0.00 |
ISS ceiling rate $ variation (homeowner) | $800,000.00 | $808,000.00 | $8,000.00 |
ISS ceiling rate $ variation (non-homeowner) | $1,052,000.00 | $1,060,000.00 | $8,000.00 |
Age pension max rate (homeowner) | $470,000.00 | $470,000.00 | $0.00 |
Age pension max rate (non-homeowner) | $522,133.33 | $522,133.33 | $0.00 |
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) | $303,511.11 | $303,511.11 | $0.00 |
Service pension max rate $ variation (non-homeowner) | $303,511.11 | $303,511.11 | $0.00 |
ISS ceiling rate $ variation (homeowner) | $509,500.00 | $512,750.00 | $3,250.00 |
ISS ceiling rate $ variation (non-homeowner) | $698,306.67 | $691,951.11 | -$6,355.56 |
Age pension max rate (homeowner) | $300,622.22 | $300,622.22 | $0.00 |
Age pension max rate (non-homeowner) | $300,622.22 | $300,622.22 | $0.00 |
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) | $471,000.00 | $471,000.00 | $0.00 |
Service pension max rate $ variation (non-homeowner) | $527,911.11 | $527,911.11 | $0.00 |
ISS ceiling rate $ variation (homeowner) | $742,500.00 | $746,500.00 | $4,000.00 |
ISS ceiling rate $ variation (non-homeowner) | $994,500.00 | $998,500.00 | $4,000.00 |
Age pension max rate (homeowner) | $470,000.00 | $470,000.00 | $0.00 |
Age pension max rate (non-homeowner) | $522,133.33 | $522,133.33 | $0.00 |
Part rate $ variation (income) | $5,777.78 | $5,777.78 | $0.00 |
Part rate $ variation (assets) | $750.00 | $750.00 | $0.00 |