{"id":"F2015L00312","name":"Social Security (Deeming Threshold Rates) Determination 2015 (No. 1)","slug":"social-security-deeming-threshold-rates-determination-2015-no-1","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":92823,"registerId":"commonwealth-F2015L00312-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Social Security (Deeming Threshold Rates) Determination 2015 (No. 1)","content":"![](image.001.png)\n\nSocial Security (Deeming Threshold Rates) Determination 2015 (No. 1)\n\nI, Scott Morrison, Minister for Social Services, acting under section 1082 of the Social Security Act 1991 make this Determination.\n\nDated: 6 March 2015\n\nScott Morrison\n\nMinister for Social Services\n\n1 Name of Determination\n\nThis Determination is the Social Security (Deeming Threshold Rates) Determination 2015 (No. 1).\n\n2 Commencement\n\nThis Determination commences on 20 March 2015.\n\n3 Revocation of previous Determination\n\nThe Social Security (Deeming Threshold Rates) Determination 2013 (No. 2) is revoked.\n\n4 Interpretation\n\nIn this Determination:\n\n> Act means the Social Security Act 1991.\n\n5 Below threshold rate\n\nFor subsection 1082(1) of the Act, the below threshold rate for Division 1B of Part 3.10 of the Act is 1.75 per cent.\n\n6 Above threshold rate\n\nFor subsection 1082(2) of the Act, the above threshold rate for Division 1B of Part 3.10 of the Act is 3.25 per cent.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2238},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The Determination performs the exact limited function authorised by section 1082 of the Social Security Act 1991: setting the specific percentage rates for deeming. It replaces previous rates without expanding scope or adding new categories."},"complexity_factors":["Only 6 sections with minimal text","Single defined term ('Act')","Two straightforward operative provisions setting fixed percentages","No conditional logic, exceptions, or cross-references beyond the enabling section","No calculations or formulas required"],"plain_english_summary":"This Determination sets Centrelink’s official deeming rates — 1.75% for the lower portion of financial assets and 3.25% for amounts above the threshold — used to calculate assumed income from savings, shares and term deposits. It affects income-tested social security payments (Age Pension, DSP, Carer Payment, JobSeeker, etc.), and so directly alters fortnightly payment amounts by changing the income Centrelink assumes you earn."}},"importantCases":[],"_links":{"self":"/api/acts/social-security-deeming-threshold-rates-determination-2015-no-1","history":"/api/acts/social-security-deeming-threshold-rates-determination-2015-no-1/history","analysis":"/api/acts/social-security-deeming-threshold-rates-determination-2015-no-1/analysis","conflicts":"/api/acts/social-security-deeming-threshold-rates-determination-2015-no-1/conflicts","importantCases":"/api/acts/social-security-deeming-threshold-rates-determination-2015-no-1/important-cases","documents":"/api/acts/social-security-deeming-threshold-rates-determination-2015-no-1/documents"}}