March 2024 Pension Indexation: What to Expect

As the calendar pages turn, we find ourselves looking towards March. If you’re one of the over 2.5 million Australians who receive the Age Pension, you’re likely eager to know how much extra money you can expect in your account after the next pension indexation.

Last edited:
Sponsored
YES ,ALBANESE HAS GIVEN RISES ONLY BY THE CPI AND IT APPEARS THE GOVT DOES NOT KNOW WHAT IS GOING ON IN AUSTRALIA AS THE CPI IS A LOT LOWER THAN IT ACTUALLY IS
%1.8 in the last 12 months BULLSHIT
ALSO IT APPEARS THAT IT DISCRIMINATES BETWEEN THE ELDDERLY. THE CARERS ,THE DISABLED COMPARED TO THE UNEMPLOYED AND SINGLE PARENTS
WHY ARE SINGLE PARENTS AND THE UNEMPLOYED GETTING BIGGER BENEFITS THAN THE LATTER AND BEFORE YOU COMMENT CHECK THE PAY INCREASE FOR EVERYONE ON BENEFITS INCUDING THE VARIOUS PAYOUTS WHERE THE UNEMPLOYED RECEIVED A %100 increase IN PAYMENTS ANS SINGLE PARENTS THOUSANDS MORE IN THE STIMULOUS PACKAGES
WHEN THE GOVT LET THE VIROUS INTO THE COUNTRY THE UNEMPLOYED, PENSIONERS. CARERS AND THE DISABLED GOT THOUSANDS LESS THAN THAN ANY OTHER PEOPLE ON WELFARE
ALSO NOTE THE PEOPLE WHO HAD THEIR LIVES CUT SHORT WERE THE ELDERLY BY OVER%90 FROM THE VIRUS AND THE GOVT DID NOT GIVE A SHIT AND IT SHOWED IN THE STIMULOUS PACKAGES
CHECK YOUR FACTS BEFORE COMMENTING NEGATIVELY AS A FACT IS A FACT
YES ,ALBANESE HAS GIVEN RISES ONLY BY THE CPI AND IT APPEARS THE GOVT DOES NOT KNOW WHAT IS GOING ON IN AUSTRALIA AS THE CPI IS A LOT LOWER THAN IT ACTUALLY IS
%1.8 in the last 12 months BULLSHIT
ALSO IT APPEARS THAT IT DISCRIMINATES BETWEEN THE ELDDERLY. THE CARERS ,THE DISABLED COMPARED TO THE UNEMPLOYED AND SINGLE PARENTS
WHY ARE SINGLE PARENTS AND THE UNEMPLOYED GETTING BIGGER BENEFITS THAN THE LATTER AND BEFORE YOU COMMENT CHECK THE PAY INCREASE FOR EVERYONE ON BENEFITS INCUDING THE VARIOUS PAYOUTS WHERE THE UNEMPLOYED RECEIVED A %100 increase IN PAYMENTS ANS SINGLE PARENTS THOUSANDS MORE IN THE STIMULOUS PACKAGES
WHEN THE GOVT LET THE VIROUS INTO THE COUNTRY THE UNEMPLOYED, PENSIONERS. CARERS AND THE DISABLED GOT THOUSANDS LESS THAN THAN ANY OTHER PEOPLE ON WELFARE
ALSO NOTE THE PEOPLE WHO HAD THEIR LIVES CUT SHORT WERE THE ELDERLY BY OVER%90 FROM THE VIRUS AND THE GOVT DID NOT GIVE A SHIT AND IT SHOWED IN THE STIMULOUS PACKAGES
CHECK YOUR FACTS BEFORE COMMENTING NEGATIVELY AS A FACT IS A FACT
We have a very HIGH unemployed, that SOME don't need to be! This is not NEGATIVE, my partner recently got some labour hire for his business The person stayed 1 hour, long enough to get his benefits. for the fortnight. I am still working in a industry I love, Aged Care the pay is disgusting. It has gone up in 7 years by $10. It is still very lowly paid & also a skilled industry. Great job satisfaction, Less than supermarket & Hospitality workers.
 
  • Like
Reactions: Littleboy8
YES ,ALBANESE HAS GIVEN RISES ONLY BY THE CPI AND IT APPEARS THE GOVT DOES NOT KNOW WHAT IS GOING ON IN AUSTRALIA AS THE CPI IS A LOT LOWER THAN IT ACTUALLY IS
%1.8 in the last 12 months BULLSHIT
ALSO IT APPEARS THAT IT DISCRIMINATES BETWEEN THE ELDDERLY. THE CARERS ,THE DISABLED COMPARED TO THE UNEMPLOYED AND SINGLE PARENTS
WHY ARE SINGLE PARENTS AND THE UNEMPLOYED GETTING BIGGER BENEFITS THAN THE LATTER AND BEFORE YOU COMMENT CHECK THE PAY INCREASE FOR EVERYONE ON BENEFITS INCUDING THE VARIOUS PAYOUTS WHERE THE UNEMPLOYED RECEIVED A %100 increase IN PAYMENTS ANS SINGLE PARENTS THOUSANDS MORE IN THE STIMULOUS PACKAGES
WHEN THE GOVT LET THE VIROUS INTO THE COUNTRY THE UNEMPLOYED, PENSIONERS. CARERS AND THE DISABLED GOT THOUSANDS LESS THAN THAN ANY OTHER PEOPLE ON WELFARE
ALSO NOTE THE PEOPLE WHO HAD THEIR LIVES CUT SHORT WERE THE ELDERLY BY OVER%90 FROM THE VIRUS AND THE GOVT DID NOT GIVE A SHIT AND IT SHOWED IN THE STIMULOUS PACKAGES
CHECK YOUR FACTS BEFORE COMMENTING NEGATIVELY AS A FACT IS A FACT
Albo has given Sweet Fanny Adams
 
We have a very HIGH unemployed, that SOME don't need to be! This is not NEGATIVE, my partner recently got some labour hire for his business The person stayed 1 hour, long enough to get his benefits. for the fortnight. I am still working in a industry I love, Aged Care the pay is disgusting. It has gone up in 7 years by $10. It is still very lowly paid & also a skilled industry. Great job satisfaction, Less than supermarket & Hospitality workers.
i was a carer for over ten years and in the end it was a 24hour per day job watching my wife slowly dying and i sat there watching the unemployed eventually getting nearly the same as my welfare payment
The most i received per fortnight was $760 for working everyday 7 days a week and i am not sure what the unemployed receive but i think it is close to $600 now but do not quote me
What do they do for their payments NOTHING
DONT NEED A CAR .SHARE HOUSING OR LIVE AT HOME OR WITH A PARTNER WHO ALSO WOULD BE ON WELFARE WHERE AS ELDERLY DO NOT SHARE HOUSES WITH ANYONE USUALLY.
ONCE THEIR PARNER PASSES AND THEY ARE ON THERE OWN THE EXPENCES ARE STILL NEARLY THE SAME
THE FRIDGE AND FREEZER ARE ON ALL DAY IRREGAURDLESS WHO LIVES IN A HOUSE
AS MARRIED COUPLE GET UP USUALLY THE SAME TIMEIF RETIRED THEY BOTH TURN ON LIGHTS AND TVS TOGETHER AT THE SAME TIME
THEY EAT THE SAME TIME SO THESE BILLS DO NOT CHANGE ELECTRICITY AND GAS
INTERNET IS THE SAME IF ONE PERSON IS IIN THE HOUSE OR IF THERE IS THREE
COUNCIL RATES ARE THE SAME FOR ONE AS IT IS FOR 4
WHAT BILLS GET CHEAPER IF YOU LIVE ON YOUR OWN APART FROM FOOD AND YET WE GET THE LOWEST PAY INCREASES FROM CENTRELINK IN THE LAST 4 YEARS AT LEAST
WHY
 
I believe long term unemployed should work help out the community part time. To receive their benefits, They might even find a job out of it! Or get some other work skills. It is to easy for people to get & stay on unemployment. As I mentioned the Lower paying jobs these people don't even want to go there. Aged care, Hospitality, supermarket workers. We have alot of entitled people out there!
 
I believe long term unemployed should work help out the community part time. To receive their benefits, They might even find a job out of it! Or get some other work skills. It is to easy for people to get & stay on unemployment. As I mentioned the Lower paying jobs these people don't even want to go there. Aged care, Hospitality, supermarket workers. We have alot of entitled people out there!
i have a stepson who is 50 and been on unemployment for over 32 years
He has only worked once for 6 months in that 32years
His natural family on his fathers side are the same
THEY ALL LIVE AT HOME WITH PARTNERS WHO NEVER WORK WORKED
CENTRELINK DOES NOT CHECK ON ANYBODY NOWADAYS
I WOULD BET THAT AT LEAST %80 of unemployed are in the same boat and why not
they do not need a car
THEY SHARE HOUSING OR STILL LIVE AT HOME AND THANKS TO THE VIRUS THEY GET AN EXTRA $200/fn more than before the virus WHY WORK WHEN THEY ARE GETTING PAID TO STAY AT HOME
I believe long term unemployed should work help out the community part time. To receive their benefits, They might even find a job out of it! Or get some other work skills. It is to easy for people to get & stay on unemployment. As I mentioned the Lower paying jobs these people don't even want to go there. Aged care, Hospitality, supermarket workers. We have alot of entitled people out there!
 
I didn't mean they couldn't raise the amount anytime they want to, I was just pointing out that we have received a raise every six months, not that Albo had given a few and Morrison only once.
We have received six monthly rises for as long as I can remember, though quite a few years ago now we did receive an extra rise, but still none of them are enough, and for a quite a while there they were only a few miserly dollars, tied to CPI.
It would would work out better I think if it was tied to inflation, but I'm not a mathematician.
you must remember a few years ago there was no increase in benefits at all in one 6 monthly payment for any centrelink recipients which means we went 12 months without a increase
however politicians got a pay rise
 
Actually it does, as the party in power, has the power to alter various payments if they wish to do so?that's the old saw that they say they have no control over. BULLSHIT.
actually i asked the then social minister responsible for giving out the pension increases AMANDA RUSHTON And she told me that centre link payments were based on a certain formula
That was a load of crap as it has been proven that is a load of crap
They can break the rules whenever the govt wants
TAKE THE %1.8 cent pay rise and compare it to the %4 pay rise politicians gave themselves plus $4,000 dollars in tax cuts HOW DOES THESE TAX CUTS HELP WELFARE PEOPLE
THIS GOVT DOES NOT RESPECT THE FACT THAT BABY BOOMERS WERE BORN FROM WAR TORN COUNTRIES
PEOPLE WHO EITHER FOUGHT IN WORLD WAR 2 OR DODGED BOMBINGS AND FELT THEY WERE NOT GOING TO SURVIVE AND I THINK THOSE THAT EXPERIENCED THESE MATTERS OF WAR TOOK SOME OF THEIR EX[PERIENCES OUT ON THEIR CHILDREN
NOW THEM CHILDREN ARE BEING TREATRED LIKE SECOND CLASS CITIZENS BY UNTHANKFULL GOVTS
THOSE WHO PAID TAXES ALL THERE WORKING LIFE
THE BOOMERS IN THIS COUNTRY HAD NO CHOICE BUT TO WORK
THERE WAS NO CENTRELINK NO WELFARE NO UNEMPLOYMENT BENEFITS AND NOW IT LOOKS LIKE THE ELDERLY ARE LEFT IN AMBULANCES TO DIE 3 TODAY NOT COUNTING THE ONES WHO DIED FROM THE VIRUS AROUND AUSTRALIA
YOU DO NOT HEAR ABOUT THAT ANYMORE BECAUSE THE ONES WHO ARE DYING ARE THE ELDERLY AND THE WAY THIS COUNTRIES POLITICIANS THINK IS THATS ITS OK
ONE LESS ON BENEFITS
 
Last edited:
you must remember a few years ago there was no increase in benefits at all in one 6 monthly payment for any centrelink recipients which means we went 12 months without a increase
however politicians got a pay rise
I do actually remember that, now that you mention it.
This is the problem with rises being tied to the CPI. I'm sure if it was tied to inflation the rises would be higher.
The age,disability and carer recipients seem to always get the raw end of the prawn.
The carer allowance is very miserly. I receive two carer
allowances, as I am carer for my daughter and my husband. This is like a 24 hour a day job. I am
constantly on the road for Dr., hospital and specialist appointments and as I live in the country most of this allowance goes on petrol and car expenses. Carers are very undervalued by the government, the allowance I receive fortnightly for both would not cover the cost for one day for one of them if I was not able to do this and they had to go into care.
 
i can no longer afford house insurance and car insurance or afford to drive anywhere other than doctors or shopping
because of the virus and a disabled sick wife i struggleD every day and dont forget i had to remorgage my house and get no govt relief
Instead i get higher council rates which is over $2000 and i am virtually forced to get the internet and a mobile phone which costs over $100 a month with no consideration in the pension as everything nowadays requires us to get to pay bills etc....
THESE DEBTS DIO NOT CHANGE FROM A FAMILY TO A SINGLE PERSON WHEN MY WIFE PASSED AND IN FACT IT GOT EVEN HARDER TO LIVE
WATCH THE GOVT MAKE A BIG DEAL ABOUT ANZACS TODAY AND YET THEY LAY SHIT ON THE PEOPLE WHO SERVED IN THE DEFENCE FORCES BY SHAFTING THEM IN PENSIONS
THEY SHAFTED US IN THE STIMULOUS PACKAGES AND BENEFITS PAID TO US IN THE LAST 4 YEARS IN PENSIONS COMPARED TO SINGLE PARENTS AND THE PERMANTLY UNEMPLOYED
I HEARD ON THE NEWS INFLATION IS AT %4.3 and yet we got paid $1.8
WHY IS THAT
MEANWHILE TAXPAYERS ARE GOING TO RECEIVE $1.500 dollars in tax cuts WHICH IS AT LEAST 3 TIMES MORE THAN THE LAST PENSION INCREASE
Politicians GET an extra $4,000 ON TOP OFF A $7 000 pay rise
ITS A BIT ONE SIDED WHEN [POLITICIANS GET $12 THOUSAND DOLLAR INCREASE AND EX SERVICEMEN AND THE ELDERLY AND CARERS GET UNDER $19
it should be the other wat round as politicians do not need a pay rise while all people on welfare dWHAT AUSTRALIA NEEDS IS A GOVT THAT CARES ABOUT ITS AGING POPULATION AFTER ALL THEY ALL WORKED ALL THEIR LIVES
CAN YOU SAY THE SAME FOR THIS GENERATION
LIKE I SAID WATCH ALL THESE HYPICRITICAL POLITICIANS MAKE A BIG DEAL ON ANZAC DAY AND DO NOT MEAN A SINGLE WORD ABOUT WHAT THEY WAFFLE SHIT ABOUT .NON OF THEM HAVE SERVED THIS COUNTRY AND AS [POLITICIANS THEY SHOULD BE ASHAMED OF THEMSELVES FOR LINING THEIR POCKETS FOM MONEY THAT COULD BE BETTER SPENT ON THE NEEDY
 

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.
  • 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×