Mirage News
No matter how much your financial investments earn, Centrelink assumes they earn a set rate to estimate how much pension you might get. It’s called “deeming” and the government says it is a simple way to smooth out market fluctuations. This matters to older Australians because it plays a key role in determining Age Pension
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Pension Deeming Thresholds Shift, Rates Unchanged? | Mirage News
No matter how much your financial investments earn, Centrelink assumes they earn a set rate to estimate how much pension you might get. It’s called “deeming” and the government says it is a simple way to smooth out market fluctuations. This matters to older Australians because it plays a key role in determining Age Pension