
Cuts to deeming rate gives one quarter of Australia’s pensioners an extra $804
Pension bonus: Almost a million pensioners set to receive over $800 extra per year Almost a million Australians will be up to $804 better off after the federal government’s decision to cut deeming rates. Deeming rates are the rate of return that financial investments, owned by pensioners, are ‘assumed’ by the government to earn, and