On 20 September 2022 it is expected that the Aged Pension rate will increase by the current inflation rate.
The current inflation rate is 5.1%.
In September 2021, the age pension rates were $967.50 a fortnight for single pensioners.
The age pension rates for each member of a pensioner couple … Read the rest
From 20 March 2022, the Australian Age Pension will rise by $20.10 per fortnight, for the single person rate. That is a 3.66% increase from March 2021.
The Australian Aged Pension is revised in March and September (normally) each year, and … Read the rest
To get most Centrelink payments in Australia you must meet all of the following criteria:
You’re an Australian resident if … Read the rest
Most pensioners will receive their normal pension during short holidays outside Australia. However, anyone who is absent from Australia for a continuous period exceeding 6 weeks, will normally lose some of their pension.
The Australian Aged Pension is revised in March and September (normally) each year, and the September 2021 new Pension Rates have been released. This pension is paid Fortnightly.
The Age Pension recipients will increase by $14.80 a fortnight for singles, and … Read the rest
Australians getting the Aged Pension are allowed to earn a small amount each fortnight, without affecting the amount they receive as their pension.
The basic rule is that their pension is NOT affected if they receive under $178 per … Read the rest
The Australian Aged Pension is revised in March and September (normally) each year, and the March 2021 new Pension Rates have been released. This pension is paid Fortnightly.
The Age Pension recipients will increase by $8.40 a fortnight for singles, and … Read the rest
The Department of Social Services has confirmed Australia’s pensioners will not receive an automatic indexation increase this September, because inflation has gone backwards. But note: It will NOT go down either!
The Labor opposition Social Services spokeswoman Linda Burney said: “Scott Morrison needs to explain why he is allowing … Read the rest
It is reported that the Australian Age pension will not rise this September. (2020).
The Aged pension normally increases every 6 months, based on the increase in the cost of living.
Unfortunately for Pensioners the current cost of living has actually reduced this year.
The annual inflation rate dropped to … Read the rest
To be eligible for the Australian full Age Pension your income must be below the current thresholds.
The Income Limit Thresholds, for Australian Aged Pension, at July 2020 are:
