Deeming is a set of rules Centrelink use to work out the income created from your financial assets. It assumes these assets earn a set rate of income, no matter what they really earn.
The deeming rates are different for single people and couples and are as follows:
Single
| Financial assets | Deeming rate |
| The first $53,000 | 0.25% |
| Anything over $53,000 | 2.25% |
Couple
| Financial assets | Deeming rate |
| The first $88,000 | 0.25% |
| Anything over $53,000 | 2.25% |