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Government announces cuts to deeming rates

Posted on 17 July 2019
Effective from 1 July 2019, the lower deeming rate will decrease from 1.75 per cent to 1.0 per cent for financial investments up to $51,800 for single pensioners and $86,200 for pensioner couples. The upper deeming rate will be cut from 3.25 per cent to 3.0 per cent for balances over these amounts.

 

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