{"id":"F2008L00847","name":"Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2008","slug":"social-security-deeming-threshold-rates-fahcsia-determination-2008","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":72954,"registerId":"commonwealth-F2008L00847-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2008","content":"![](image.001.png)\n\nSocial Security (Deeming Threshold Rates) (FaHCSIA) Determination 2008\n\nI, Jenny Macklin, Minister for Families, Housing, Community Services and Indigenous Affairs, make this determination under section 1082 of the Social Security Act 1991.\n\nDated 3 March 2008.\n\nJ Macklin\n\nMinister for Families, Housing, Community Services and Indigenous Affairs\n\n1. Name of determination\n\nThis determination is the Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2008.\n\n2. Commencement\n\nThis determination commences on 20 March 2008.\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 2007\n\nThe Social Security (Deeming Threshold Rates) (FaCSIA) Determination 2007 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 4%.\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 6%.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1377},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is a routine administrative update of numerical rates within the existing deeming framework established by the Social Security Act 1991. It does not expand the scope or operation of the legislation; it merely updates the specific percentages used for income calculations, replacing the 2007 determination."},"complexity_factors":["Only 6 short sections with minimal text","Two substantive provisions setting simple numerical percentages (4% and 6%)","No conditional logic, exceptions, or nested definitions","Minimal cross-referencing (only to the enabling section of the parent Act and the previous determination being revoked)"],"plain_english_summary":"This instrument sets the deeming rates Centrelink uses to calculate assumed income from financial assets when assessing eligibility and payment amounts for income‑tested benefits. It fixes a lower rate (4%) for assets up to a threshold and a higher rate (6%) above it. It affects anyone with bank deposits, shares or similar investments applying for or receiving pensions and income‑tested payments."}},"importantCases":[],"_links":{"self":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2008","history":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2008/history","analysis":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2008/analysis","conflicts":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2008/conflicts","importantCases":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2008/important-cases","documents":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2008/documents"}}