{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/deeming_rate_upper.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "deeming_rate_upper",
    "former_ids": [],
    "label": "Deeming rate (upper)",
    "category": "deeming",
    "category_label": "Deeming",
    "concept": "deeming.rate",
    "kind": "rate",
    "dimensions": {
      "deeming_band": "upper"
    },
    "value": 3.75,
    "display_value": "3.75%",
    "unit": {
      "code": "percent",
      "plain": "Per cent",
      "quantity": "ratio",
      "currency": null,
      "per": null,
      "per_amount": null,
      "ratio_divisor": 100
    },
    "ratio": 0.0375,
    "effective_from": "2026-09-20",
    "effective_from_basis": "value",
    "validity": {
      "from": "2026-09-20",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "20_march_20_september",
    "review_dates": [
      "03-20",
      "09-20"
    ],
    "source": {
      "title": "Deeming (Age Pension)",
      "publisher": "Services Australia",
      "url": "https://www.servicesaustralia.gov.au/deeming?context=22526",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "Applies to financial assets above the deeming threshold. Services Australia announced this rate in a notice published on 20 September 2026.",
    "conditions": [],
    "exceptions": [],
    "caveats": [],
    "legal_basis": [],
    "derivation": null,
    "related": {
      "same_concept": [
        "deeming_rate_lower"
      ],
      "inputs": [],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 1,
      "recorded_at": "2026-10-11T05:56:59Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Deeming rate (upper): 3.75%, applies from 20 September 2026. Official source: Services Australia, Deeming (Age Pension) (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/deeming/deeming-rate-upper/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/deeming_rate_upper.json",
      "page": "https://retirementwealth.com.au/rules/deeming/deeming-rate-upper/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/deeming_rate_upper/2026-09-20.json"
    },
    "timeline": [
      {
        "value": 3.75,
        "display_value": "3.75%",
        "ratio": 0.0375,
        "effective_from": "2026-09-20",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "Deeming (Age Pension)",
          "publisher": "Services Australia",
          "url": "https://www.servicesaustralia.gov.au/deeming?context=22526",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/deeming_rate_upper/2026-09-20.json"
      }
    ]
  }
}