Dividend reinvestment allocation: does it change the number of shares?
On the passbook, a dividend reinvestment allocation line reads: holding changed: report or confirm
Is a dividend reinvestment allocation a change to report?
Each allocation adds shares, so the total number of shares the online form asks for changes. The official pages read name buying, selling and bonus shares; they do not name dividend reinvestment. It is a holding change to report or confirm: report the new total, or confirm with Services Australia.
Worked example
An EXE dividend was reinvested as 12 new shares, the holding moving from 300 to 312, on Fri 18 Sep 2026. Day 14 is Fri 2 Oct 2026, a working day, so the report-by date is Fri 2 Oct 2026 (national holidays only; set your state and its public holidays move it too). No trade was placed, which is why it is missed; it is raised under finding 3 as a holding change to report or confirm.
The rules behind it
For a dividend reinvestment allocation line: Dividend reinvestment · The total number of shares · The 14 days. Sources: Services Australia, change of circumstances; Services Australia, managing your Age Pension payment; Services Australia, online account help for updating shares; Guide to Social Security Law 3.10.4.10; Guide to Social Security Law 3.4.1.50.
The rule. Report a change in shares within 14 days. Named in the sources: a buy, a sale, bonus shares. Any other change to the total number of shares the form asks for: report or confirm. A price movement is not on the list; listed shares are revalued on 20 March and 20 September. Every rule and its source.
What it takes. Trade lines only: date, code, buy or sell, quantity. Recognised account and holder numbers are removed; nothing leaves your browser until you save.
Who publishes it. The Art of Service, not affiliated with Services Australia; not financial advice. Check a history.