{"id":"F2007L00705","name":"Social Security (Deeming Threshold Rates) Determination (DEST) 2007","slug":"social-security-deeming-threshold-rates-determination-dest-2007","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":64294,"registerId":"commonwealth-F2007L00705-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Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Social Security (Deeming Threshold Rates)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 (DEST) 2007","content":"![](image.001.png)\n\nSocial Security (Deeming Threshold Rates) Determination (DEST) 2007\n\nSocial Security Act 1991\n\nI, JULIE ISABEL BISHOP, Minister for Education, Science and Training, make this determination under section 1082 of the Social Security Act 1991[\\[1\\]](#_ftn1).\n\nDated 8 March 2007.\n\nJULIE ISABEL BISHOP\n\nMinister for Education, Science and Training\n\n1 Name of determination\n\nThis determination is the Social Security (Deeming Threshold Rates) Determination (DEST) 2007.\n\n2 Commencement\n\nThis determination commences on 20 March 2007.\n\n3 Interpretation\n\nIn this determination:\n\n> Act means the Social Security Act 1991.\n\n4 Revocation of Social Security (Threshold Rates) Determination 2004 (No. 1)\n\nThe Social Security (Threshold Rates) Determination 2004 (No. 1) is revoked.\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 3.5%.\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 5.5%.\n\n---\n\n[\\[1\\]](#_ftnref1) This determination has effect in relation to provisions of the Social Security Act 1991 in so far as they relate to matters for which the Department of Education, Science and Training has responsibility under the Administrative Arrangements Order.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1251},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument maintains its original narrow purpose of specifying the deemed income percentage rates for financial investments under the Social Security Act. It has not expanded beyond setting these two threshold rates."},"complexity_factors":["Only 6 sections total","Two substantive provisions that simply state percentage figures (3.5% and 5.5%)","Single defined term ('Act')","No conditional logic, exceptions, or nested provisions","Direct reference to only one section of the enabling Act"],"plain_english_summary":"This instrument fixes Centrelink's 2007 deeming rates — 3.5% on financial assets up to the statutory threshold and 5.5% on amounts above it — used to calculate assumed income from savings and investments. \n\nIt affects recipients of income‑tested payments (Age Pension, DSP, JobSeeker, etc.) because higher deemed income can reduce fortnightly entitlements."}},"importantCases":[],"_links":{"self":"/api/acts/social-security-deeming-threshold-rates-determination-dest-2007","history":"/api/acts/social-security-deeming-threshold-rates-determination-dest-2007/history","analysis":"/api/acts/social-security-deeming-threshold-rates-determination-dest-2007/analysis","conflicts":"/api/acts/social-security-deeming-threshold-rates-determination-dest-2007/conflicts","importantCases":"/api/acts/social-security-deeming-threshold-rates-determination-dest-2007/important-cases","documents":"/api/acts/social-security-deeming-threshold-rates-determination-dest-2007/documents"}}