Deeming rate freeze confirmed

The deeming rate freeze will be welcomed by clients of Centrelink to whom it is applied in determining their benefits and payments under various services administered by Services Australia - including the Commonwealth Seniors Health Care Card.  During the long period from the Global Financial Crisis (the GFC) of 2008 when interest rates fell dramatically, successive governments were slow - and reluctant - to reduce the deeming rate.  This action [...]