What this rule covers

The Social Security (Deeming Threshold Rates) Determination (No. 2) 2026 is a federal instrument registered on the Federal Register of Legislation. The determination is made under the Social Security Act 1991 and is administered by the Department of Social Services.

What deeming rules do

Deeming rules set the assumed rate of return on financial assets - such as bank accounts and shares - that is used to calculate how much social security payment a person receives. The specific threshold amounts and rates set by this determination are not contained in the source summary. The full text of the determination is available at https://www.legislation.gov.au/F2026L01083.

Commencement

The determination came into force on 21 August 2026.

Key actions

This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.