Australian Aged Pension and Work Bonus

How does the Work Bonus apply to the Australian Aged Pension.

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

Australian Aged Pension from March 2021

The Australian Aged Pension from March 2021.

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

Labor has criticised the current government for following Labor Legislation.

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

Aged Pension Increase in September 2020.

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

Australian Aged Pension Income Limits.

Aged Pension Income Limits.

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:

  • A Single Person can earn $178 per fortnight, before losing 50 cents for each dollar of income
Read the rest

Australian Aged Pension from March 2020

The Australian Aged Pension from March 2020.

The Australian Aged Pension is revised in March and September each year, and the March 2020 new Pension Rates have been released. This pension is paid Fortnightly.

The Government Aged Pension is a welfare benefit, paid by the Department of Human Services [Centrelink], … Read the rest

Australian Aged Pension from September 2019

The Australian Aged Pension from September 2019.

The Australian Aged Pension is revised in March and September each year, and the September 2019 new Pension Rates have now been released. This pension is paid Fortnightly.

The Government Aged Pension is a welfare benefit, paid by the Department of Human Services … Read the rest

Australian Age Pensioner Updates April 2019

Updates for Australian Age Pensioners April 2019.

Age Pension Increase.

From 20th March 2019, the maximum Age Pension increased by $9.90 per fortnight for singles and $14.80 per fortnight for couples combined ($7.40 each).

Energy Supplement.

The energy supplement continues at $14.50 for singles, and $10.60 for each member of … Read the rest

Australian Aged Pension from March 2019

The Australian Aged Pension from March 2019.

The Australian Aged Pension is revised in March and September each year, and the March 2019 new Pension Rates have been released. This pension is paid Fortnightly.

The Government Aged Pension is a welfare benefit, paid by the Department of Human Services [Centrelink], … Read the rest

Australian Aged Pension from September 2018

The Australian Aged Pension from September 2018.

The Australian Aged Pension is revised in March and September each year, and the September 2018 new Pension Rates have been released. This pension is paid Fortnightly.

The Government Aged Pension is a welfare benefit, paid by the Department of Human Services [Centrelink], … Read the rest