Social security payments

Huge increase to centrelink pension payments from 2025

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huge increase to centrelink pension

Nearly two-thirds of Australians on Age Pension will soon enjoy a bigger retirement income. From 1 January 2025, over 940,000 Centrelink recipients will get a 6% boost in pension rates. This marks one of the largest adjustments in recent years. Single pensioners will receive $1,116.30 per fortnight. Couples will get a combined payment of $1,682.80. … Read more

Centrelink pension bonus hitting bank accounts

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Over 940,000 Australians on Centrelink payments are getting a financial boost. The government has announced a 6% increase in pension rates. They’re also giving a one-time $600 cash bonus. This bonus is great news for retirees struggling with rising costs. Single pensioners will now get $1,116.30 fortnightly. Couples will receive a combined $1,682.80 every two … Read more