Check if you're qualified for this 'critical' cash boost from Centrelink!

In a world where the cost of living seems to be perpetually on the rise, it's a relief to hear that the Australian government is trying to ease everyone's financial burden.

For seniors who rely on social security payments, there's some good news on the horizon amidst the rising costs.


Centrelink, the government's main social welfare program, announced an upcoming increase in payments to help recipients keep up with inflation.

This adjustment was a part of the biannual indexation process happening every March and September.

These adjustments provide a much-needed financial boost for Australians' Centrelink benefits, including the Age Pension and JobSeeker.


compressed-12454.jpeg
Australians under Centrelink payments should see this payment increase soon. Image Credit: Freepik/Kraken Images


Social Services Minister Amanda Rishworth emphasised the importance of this indexation.

'Indexation is a critical part of our social security safety net,' Minister Rishworth shared in a statement.

'For pensioners and other payment recipients receiving this financial boost, this will help ease some pressure.'

So, what does this mean for you or your loved ones who may be receiving these payments?


More than 850,000 Australians on JobSeeker should see a modest increase in their payment while searching for employment.

Starting Thursday, 20 March, a single person will see their fortnightly payments rise by $3.10.

Meanwhile, couples will receive an additional $2.80 each.

This increase could bring the total fortnightly payments to $781.10 for singles and $715.10 for couples, amounting to an annual increase of $80.60 and $72.80, respectively.


Over 2.64 million recipients under Age Pension should see a more significant bump in their payments soon.

Recipients on the maximum single rate should expect an extra $4.60 per fortnight, while couples will get an additional $3.50 each.

Consequently, fortnightly payments should increase to $1,149 for single beneficiaries and $866.10 for couples.

This same $4.60 increase should also apply to individuals on the Disability Support Pension and Carer Payment.


Other Centrelink payments should also see small bumps on their payments.

ABSTUDY recipients should expect a rise of between $2.80 to $3.30 per fortnight, while those on Parenting Payment will see an increase of between $2.80 to $4.30.

Rent Assistance payments should also go up slightly, with an increase of between $0.50 to $1.12.

Minister Rishworth highlighted the government's commitment to strengthening the social security system over the past three years, ensuring it provides support 'at whatever age or stage they're at in life'.


In addition to the payment increases, JobSeeker recipients should also receive news regarding compliance.

Starting this month, job seekers who just registered with Workforce Australia or Disability Employment Services should not face compliance action if they fail to meet a requirement for the first time.

While these changes may not represent a windfall, every little bit could help when it comes to managing household budgets.

Managing finances could be a challenge, especially for seniors on a fixed income.

To enjoy these benefits and more, make sure to update your Centrelink information as soon as possible.
Key Takeaways

  • Centrelink payments in Australia, such as JobSeeker and the Age Pension, should increase soon due to indexation.
  • Social Services Minister Amanda Rishworth highlighted that the increase was a critical part of the social security system as it provides financial relief to pensioners and recipients.
  • Starting Thursday, 20 March, singleJobSeeker recipients should receive an extra $3.10 fortnightly, while Age Pensioners will see more significant increases.
  • Other payments such as the Disability Support Pension, Carer Payment, ABSTUDY, Parenting Payment, and Rent Assistance are also due to rise. Fewer JobSeeker recipients will face cut-offs due to new changes in compliance measures.
How will these changes impact your budget? Do you have any tips for stretching your Centrelink payments further? Sharing your experiences can help others make the most of their benefits. We would love to hear from you in the comments below!
 

Seniors Discount Club

Sponsored content

Info
Loading data . . .
For what gain?

A bunch of incoherent fools chasing their own tails?

Sadly to say, I'd rather vote LNP.

*WASH MY MOUTH OUT!*
We’ll get the soap out VOTE FOR INDUE DEBIT CARD AND POSSIBLE NUKES TAXES AND HIGHER WATER BILLS TO COOL REACTORS
 
Last edited:
  • Haha
Reactions: Ingot
The increase in age pension payments will not cover the increase in grocery prices and other essentials. Are they trying to make us starve to death so they will not have to pay us anything at all. But I bet if a crowd of us were to die the rest won't get any benefit payments from that occurrence. One day the present government will get old and will find out what it is to live on such a small income. But then they have such big benefits when they retire from Government they will never have to live on a small income.
Your gonna be worse off under LNPs INDUE DEBIT CARD NUKE TAXES HIGH WATER BILLS TO COOL REACTORS AND PRIVATE MEDICARE NO MORE URGENT CARE CLINICS, Etc oh and huge electricity because still building reactors! I hope no earthquakes!
 
  • Like
Reactions: Ingot
"it's a relief to hear that the Australian government is trying to ease everyone's financial burden." What a joke. They created the problem, now trying to solve it with taxpayers money.
 
  • Like
Reactions: Ingot
The increase in age pension payments will not cover the increase in grocery prices and other essentials. Are they trying to make us starve to death so they will not have to pay us anything at all. But I bet if a crowd of us were to die the rest won't get any benefit payments from that occurrence. One day the present government will get old and will find out what it is to live on such a small income. But then they have such big benefits when they retire from Government they will never have to live on a small income.
That’s all parties get special pension benefits! But one party is best for the people. I don’t want INDUE DEBIT CARD EVER,
 
  • Like
Reactions: Ingot
This is elder abuse and I will be taking my view to the voting table. I am heartily bored and fed up with these yuppy Labor bullshit arses in smart suits, who've got plenty of money for phony referendums, war games, gifts to other countries and flash payrises for themselves (that son of "disabled pensioner" bitch Albonese, pirated another $27,000 basic to maintain his lifestyle.)
I'm too hold to carry out the guillotine in the morning but I'll pull the rope night and day until every crook is on a cart to a compost pile.
 
This is elder abuse and I will be taking my view to the voting table. I am heartily bored and fed up with these yuppy Labor bullshit arses in smart suits, who've got plenty of money for phony referendums, war games, gifts to other countries and flash payrises for themselves (that son of "disabled pensioner" bitch Albonese, pirated another $27,000 basic to maintain his lifestyle.)
I'm too hold to carry out the guillotine in the morning but I'll pull the rope night and day until every crook is on a cart to a compost pile.
Sharpen that guillotine, girly.

I've got a tough neck and an even harder head.
 
  • Like
Reactions: DLHM
Please don’t yell we’re not deaf 🤣🤣🤣
NA YA JUST BLIND😂🙏😂😂😂
This is elder abuse and I will be taking my view to the voting table. I am heartily bored and fed up with these yuppy Labor bullshit arses in smart suits, who've got plenty of money for phony referendums, war games, gifts to other countries and flash payrises for themselves (that son of "disabled pensioner" bitch Albonese, pirated another $27,000 basic to maintain his lifestyle.)
I'm too hold to carry out the guillotine in the morning but I'll pull the rope night and day until every crook is on a cart to a compost pile.
1741667591172.png
 

Join the conversation

News, deals, games, and bargains for Aussies over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, the club is all about helping you make your money go further.

Seniors Discount Club

The SDC searches for the best deals, discounts, and bargains for Aussies over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, the club is all about helping you make your money go further.
  1. New members
  2. Jokes & fun
  3. Photography
  4. Nostalgia / Yesterday's Australia
  5. Food and Lifestyle
  6. Money Saving Hacks
  7. Offtopic / Everything else
  • We believe that retirement should be a time to relax and enjoy life, not worry about money. That's why we're here to help our members make the most of their retirement years. If you're over 60 and looking for ways to save money, connect with others, and have a laugh, we’d love to have you aboard.
  • Advertise with us

User Menu

Enjoyed Reading our Story?

  • Share this forum to your loved ones.
Change Weather Postcode×
Change Petrol Postcode×