Not cutting deeming rates when other rates are falling keeps people off the pension.Treasurer Josh Frydenberg has cut deeming rate for large investments from 3.25% to 3%, and for smaller ones from 1.75% all the way down to 1%, backdated to the start of July.
But exactly is a deeming rate, and why does it matter so much to about one million...
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When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...
