From retirementessentials.com.au: Deeming rates will be frozen for another year starting July 1, 2025, providing retirees with more certainty regarding their entitlements.

However, single renters, such as the case of a 70-year-old non-homeowner named Jane, are disproportionately affected by the income test calculations, resulting in reduced Age Pension eligibility despite meeting asset limits.

Filed under: Superannuation, Tax - Individuals