Biggest boost to Australian pensions in years | 9 News Australia

Deeming rates go up by 0 .5%, taking a bite out of those gains.When it comes to assets like cash in the bank, debt return, that's the deeming.Centrelink will assume you earn 1 .75 % on your first chunk of savings and 3 .75 % on anything above that.Take a homeowner couple on a full pension with $400 ,000 in assets.Their pension goes up by $55 .60 per fortnight, but the deeming claws back $28 ,000.

Because we've had a large increase in indexation and there's only been a modest increase in deeming rates, that means that...

Numbers, go to the National Seniors website and look for their indexation estimator.