Pensioners could see up to $804 a year more after funding boost

ABC | Jul 13, 2019 at 9:37 PM
  • About 1 million Australians will receive a cash boost of up to $804 a year, after the Government announced long-anticipated changes to so-called deeming rates.
  • It means couples whose income is assessed using deeming will receive up to $1,053 extra a year, while singles could pocket up to $804 extra a year.
  • The cash rate was 2.25 per cent when the current deeming rates were set in 2015.