Deeming rates

Deeming rates help work out how much income people earn from their savings. These rates affect payments for pensioners and other people who get income support.

How we review the rates

• The Australian Government Actuary (AGA) reviews the deeming rates every 6 months.
• We look at the investment returns that people on income support can reasonably access.
• We give the Minister for Social Services advice on whether the rates should change.
• Our advice follows the Australian Government’s Objectives and Principles for Advice on the Deeming Rates.