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Deeming - Age Pension - Services Australia
www.servicesaustralia.gov.au/deeming?context=22526
2026-07-01T00:00:00.0000000
Deeming rules are used to work out
income
from your financial assets. We add this to your other
income
and apply the
income
test to determine your payment rate.
Deeming - Services Australia
www.servicesaustralia.gov.au/deeming
2026-07-01T00:00:00.0000000
Deeming rules are used to work out
income
from your financial assets. We add this to your other
income
and apply the
income
test to determine your payment rate.
Income test for Age Pension - Services Australia
www.servicesaustralia.gov.au/income-test-for-age-pension?context=22526
2026-07-01T00:00:00.0000000
Your
income
can reduce how much Age Pension we pay you. We use the pension
income
test to assess Age Pension.
Income streams - Age Pension - Services Australia
www.servicesaustralia.gov.au/income-streams?context=22526
2026-05-26T00:00:00.0000000
However, we treat account based
income
streams as financial assets and use the deeming rules if you either: purchased the
income
stream on or after 1 January 2015 didn't get your pension or allowance payments from us for any reason after 31 December 2014. Asset tested short term
Income - Age Pension - Services Australia
www.servicesaustralia.gov.au/income?context=22526
2026-03-19T00:00:00.0000000
Most types of
income
count in your
income
test. We use this and your assets test to assess if you can get a payment, and to calculate your rate of payment.
Financial investments - Age Pension - Services Australia
www.servicesaustralia.gov.au/financial-investments?context=22526
For the
income
test When calculating the
income
from your investments we apply the deeming rules. The deeming rules use the gross value of your investments to calculate the amount of
deemed
income
we'll include in the
income
test. Gross value This is the market value of the investment, not counting the value of any loan secured against it.
Income from outside Australia - Age Pension - Services Australia
www.servicesaustralia.gov.au/income-from-outside-australia?context=22526
When calculating the
income
from financial investments held outside Australia, we apply the deeming rules. The deeming rules use the gross value of your investments (after conversion to Australian currency) to calculate the amount of
deemed
income
we'll include in the
income
test.
Media column - Hank Jongen's April column - Deeming Explained
www.servicesaustralia.gov.au/hank-jongens-april-column-deeming-explained
2026-04-01T00:00:00.0000000
What is deeming? Deeming is the set of rules we use to work out
income
from your financial assets. Financial assets include bank accounts, shares, managed investments, loans, some gifts, some
income
streams, and, if you're over the Age Pension age, this can include your superannuation.
FIS income and assets information online
www.servicesaustralia.gov.au/fis-income-and-assets-information-online?context=21836
Income
and assets We have information online to help you understand the
income
and assets tests. Watch the videos about: deeming gifting selling the family home.
Income test for a Commonwealth Seniors Health Card
www.servicesaustralia.gov.au/income-test-for-commonwealth-seniors-health-card?context=21966
2026-05-14T00:00:00.0000000
The
income
test looks at both: your adjusted taxable
income
, and your partner's, if applicable any
deemed
income
from any of your account-based
income
streams.
Income
limits for the Commonwealth Seniors Health Card To meet the
income
test, your annual gross taxable
income
must be less than: $101,105.00 a year if you're single
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