Pension increase

The government says it's the largest indexation increase to payments in more than 30 years for allowances, and 12 years for pensions.

"That's what the indexation is about. The maximum rate of pension will increase to $1,026.50 a fortnight for singles and $773.80 for each member of a pensioner couple or $1,547.60 per couple. The government says it's the largest indexation increase to payments in more than 30 years for allowances, and 12 years for pensions. - The maximum rate of pension will increase to $1,026.50 a fortnight for singles and $773.80 for each member of a pensioner couple For couples on Jobseeker or Parenting Payments, the rate will increase by $23.40 a fortnight to $616.60 including the Energy Supplement. The increase will be part of a routine recalibration to keep up with changes in the Consumer Price Index.

Pensions boost for 4.7 million as cost of living bites ... More than 4.7 million Australians struggling to cope with cost of living pressures are in line for a ...

“For people struggling to survive on $46 a day, every little bit extra counts. The rate for partnered JobSeeker Payment and Parenting Payment recipients will increase $23.40 a fortnight to $616.60. MacDonald called on the federal government to use the October budget to deliver a substantial increase to the incomes of those on welfare. JobSeeker for singles without children will increase $25.70 a fortnight to $677.20, while Parenting Payment Single will rise $35.20 a fortnight to $927.40. The maximum rate of pension will increase to $1026.50 a fortnight for singles and $773.80 for each member of a pensioner couple or $1547.60 per couple. Social Services Minister Amanda Rishworth says an indexation increase to welfare payments set to kick in on September 20 will be the largest in more than 30 years for allowances and in 12 years for pensions.

The Federal Government has announced the largest indexation increase to pensions in 12 years, while other welfare payments will see the highest rise in more ...

Try 1 month free. 25+ news channels in 1 place. “Our guiding principles as a Government are ensuring no one is left behind and no one is held back and this indexation increase will help those on Government payments keep up with the cost of living," Minister Rishworth said. The Federal Government has announced the largest indexation increase to pensions in 12 years, while other welfare payments will see the highest rise in more than three decades. The rate of ABSTUDY and JobSeeker for singles without children will rise by $25.70 a fortnight, while payment for single parent carers will increase by $35.20. The boost - of almost four per cent - will bring the maximum rate of the pension to $1026.50 for singles and $1547.60 for couples.

The rate for partnered JobSeeker Payment and Parenting Payment recipients will increase $23.40 a fortnight to $616.60. The pension raise was driven by increases ...

[Social Services Minister Amanda Rishworth](https://7news.com.au/politics/federal-politics) says an indexation increase to welfare payments to begin on September 20 will be the largest for allowances in more than 30 years, and 12 years for pensions. This indexation increase will help those on government payments keep up with the cost of living.” The rate for partnered JobSeeker Payment and Parenting Payment recipients will increase $23.40 a fortnight to $616.60. JobSeeker for singles without children will increase $25.70 a fortnight to $677.20, while Parenting Payment Single will rise $35.20 a fortnight to $927.40. The maximum rate of pension will increase to $1026.50 a fortnight for singles and $773.80 for each member of a pensioner couple or $1547.60 per couple. Age Pension, Disability Support Pension and Carer Payment will all rise $38.90 a fortnight for singles and $58.80 a fortnight for couples.

Parenting Payment Single will increase by $35.20 per fortnight to $927.40 including Pension Supplement and Energy Supplement. Recipients of the Partnered ...

Rates correct as of September 5, 2022. Rates based on a savings balance of $10,000. [More details] [More details](https://www.macquarie.com.au/everyday-banking/campaign/savings-account-aff.html?utm_source=affil&utm_medium=savings&utm_campaign=tsa-savings) [More details](https://ad.doubleclick.net/ddm/clk/532367872;340052522;b)