House debates

Thursday, 4 July 2019

Questions without Notice

Taxation

2:16 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

The Leader of the Opposition would be aware that the deeming rate currently sits at 1.75 per cent for the lower threshold, which is to the first $51,800 of a single aged pensioners financial assets. The 3.25 per cent upper deeming rate applies to financial investments above this threshold. He is correct that the last time—

Mr Perrett interjecting

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