Changes in Australian Aged Pension Rates between 2016/2017 and 2024/2025.
The Australian Age Pension is available to seniors whose income is considered low. It is increased every 6 months, in March and September.
These are the rate changes since March 2016.
Single Person Total Fortnightly Aged Pension rates.
- Sep 2024: $1,144.40 (a rise of $28.10 or 2.52% in 6 months)
- Mar 2024: $1,116.30 (a rise of $19.60 or 1.79% in 6 months)
- Sep 2023: $1,096.70 (a rise of $32.70 or 3.07% in 6 months)
- Mar 2023 $1,064.00 (a rise of $37.50 or 3.65% in 6 months)
- Sep 2022 $1,026.50 (a rise of $38.90 or 3.94% in 6 months)
- Mar 2022 $987.60 (a rise of $20.10 or 2.08% in 6 months)
- Sep 2021 $967.50 (a rise of $14.80 or 1.55% in 6 months)
- Mar 2021 $952.70 (a rise of $8.40 or 0.89% in 6 months)
- Sep 2020 $944.30 (a rise of $0.00 or 0.00% in 6 months)
- Mar 2020 $944.30 (a rise of $10.90 or 1.17% in 6 months)
- Sep 2019 $933.40 (a rise of $7.20 or 0.78% in 6 months)
- Mar 2019 $926.20 (a rise of $9.90 or 1.08% in 6 months)
- Sep 2018 $916.30 (a rise of $8.70 or 0.96% in 6 months)
- Mar 2018 $907.60 (a rise of $13.20 or 1.48% in 6 months)
- Sep 2017 $894.40 (a rise of $6.10 or 0.69% in 6 months)
- Mar 2017 $888.30 (a rise of $11.20 or 1.28% in 6 months)
- Sep 2016 $877.10 (a rise of $3.20 or 0.37% in 6 months)
- Mar 2016 $873.90
Couples Total Fortnightly Aged Pension rates (each).
- Sep 2024: $862.60 (a rise of $21.20 or 2.52% in 6 months)
- Mar 2024: $841.40 (a rise of $13.80 or 1.67% in 6 months)
- Sep 2023: $827.60 (a rise of $25.60 or 3.19% in 6 months)
- Mar 2023: $802.00 (a rise of $28.20 or 3.64% in 6 months)
- Sep 2022: $773.80 (a rise of $29.40 or 3.99% in 6 months)
- Mar 2022: $744.40 (a rise of $15.10 or 2.07% in 6 months)
- Sep 2021: $729.30 (a rise of $10.20 or 1.42% in 6 months)
- Mar 2021 $719.10 (a rise of $7.30 or 1.03% in 6 months)
- Sep 2020 $711.80 (a rise of $0.00 or 0.00% in 6 months)
- Mar 2020 $711.80 (a rise of $8.30 or 1.18% in 6 months)
- Sep 2019 $703.50 (a rise of $5.40 or 0.77% in 6 months)
- Mar 2019 $698.10 (a rise of $7.40 or 1.07% in 6 months)
- Sep 2018 $690.70 (a rise of $6.60 or 0.96% in 6 months)
- Mar 2018 $684.10 (a rise of $9.90 or 1.47% in 6 months)
- Sep 2017 $674.20 (a rise of $4.60 or 0.69% in 6 months)
- Mar 2017 $669.60 (a rise of $8.40 or 1.27% in 6 months)
- Sep 2016 $661.20 (a rise of $2.50 or 0.38% in 6 months)
- Mar 2016 $658.70