What this rule does
The Social Security (Deeming Threshold Rates) Determination 2026 is a federal instrument registered on 24 February 2026. It sets the deeming thresholds and rates used to calculate income from financial assets for social security payments, including the Age Pension.
Period of operation
The determination is in force from 24 February 2026 to 19 September 2026.
Deeming thresholds and rates
The determination sets the specific deeming threshold dollar amounts and rates that apply during its period of operation. The source document does not state those specific figures. The full text of the determination is available at https://www.legislation.gov.au/F2026L00137.
Administering department and legislation
This determination is administered by the Department of Social Services under the Social Security Act 1991. It is listed as F2026L00137 on the Federal Register of Legislation.
Key actions
- Recipients of Centrelink income-tested payments such as the Age Pension can view the determination at https://www.legislation.gov.au/F2026L00137 to check whether the new deeming thresholds affect their payment rate.
- Bookkeepers and accountants advising clients on Centrelink income tests can review the full determination text at the above URL, as the source does not state the specific threshold dollar amounts or rates.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.