{"id":"F2013L00487","name":"Social Security (Deeming Threshold Rates) (DIISRTE) Determination 2013","slug":"social-security-deeming-threshold-rates-diisrte-determination-2013","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":172750,"registerId":"commonwealth-F2013L00487-current","compilationNumber":null,"startDate":"2026-04-04","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Social Security (Deeming Threshold Rates) (DIISRTE) Determination 2013","content":"![](image.001.png)\n\nSocial Security (Deeming Threshold Rates) (DIISRTE) Determination 2013\n\nI, Chris Bowen, Minister for Tertiary Education, Skills, Science and Research, acting under section 1082 of the Social Security Act 1991 make this Determination[\\[1\\]](#_ftn1).\n\nDated 5 March 2013\n\nChris Bowen\n\nMinister for Tertiary Education, Skills, Science and Research\n\n1 Name of Determination\n\nThis Determination is the Social Security (Deeming Threshold Rates) (DIISRTE) Determination 2013.\n\n2 Commencement\n\nThis Determination commences on 20 March 2013.\n\n3 Interpretation\n\nIn this Determination:\n\n> Act means the Social Security Act 1991.\n\n4 Revocation of previous Determination\n\nAny previous Determination made under section 1082 of the Act, is revoked on the commencement of this Determination, but only so far as the previous Determination applies to persons receiving:\n\n(a) Austudy and Youth Allowance (in respect of apprentices and full time students); and\n\n(b) any other payment, allowance or supplement under the Act, insofar as that payment, allowance or supplement relates to persons receiving Austudy and Youth Allowance (in respect of apprentices and full time students).\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 2.5 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 4 per cent.\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 I have responsibility under the Administrative Arrangements Order.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1259},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The Determination maintains its original narrow scope. It applies only to deeming rates for Austudy and Youth Allowance (student/apprentice payments) under the administering Department's responsibilities, and explicitly revokes previous determinations only to that limited extent."},"complexity_factors":["Only one defined term ('Act') in the interpretation section","Straightforward rate-setting with no conditional logic or exceptions","Narrow application limited to specific payment types (Austudy and Youth Allowance)","Minimal cross-referencing (only cites the enabling section 1082 of the Social Security Act 1991)"],"plain_english_summary":"**What this does:** Sets the interest rates used to calculate how much income students and apprentices are assumed to earn from their savings and investments when receiving Austudy or Youth Allowance.\n\n**Why it matters:** The government uses \"deeming rates\" (instead of actual bank interest) to work out if someone has too much income to qualify for benefits, or how much their payment should be reduced. This Determination fixes those rates at:\n*   **2.5%** for financial investments below the threshold amount\n*   **4%** for financial investments above the threshold amount\n\n**Who it affects:** Only people receiving Austudy or Youth Allowance (specifically full-time students and apprentices). It does not affect pensioners or other welfare recipients—their deeming rates are set separately by a different Minister.\n\n**Key detail:** This replaces any earlier rate-setting rules, but only for these specific student payments, reflecting that different government departments handle different types of welfare benefits."}},"importantCases":[],"_links":{"self":"/api/acts/social-security-deeming-threshold-rates-diisrte-determination-2013","history":"/api/acts/social-security-deeming-threshold-rates-diisrte-determination-2013/history","analysis":"/api/acts/social-security-deeming-threshold-rates-diisrte-determination-2013/analysis","conflicts":"/api/acts/social-security-deeming-threshold-rates-diisrte-determination-2013/conflicts","importantCases":"/api/acts/social-security-deeming-threshold-rates-diisrte-determination-2013/important-cases","documents":"/api/acts/social-security-deeming-threshold-rates-diisrte-determination-2013/documents"}}