The Australian government is giving a big welfare boost. This includes Centrelink payment increases. Starting September 20, 2024, many payments will go up.
Who is Impacted by the Centrelink Payment Increase?
Many Australians will get more money.
This includes:
- Age Pension, Disability Support Pension, and Carer Payment: Pensioners will get up to $32.70 more every two weeks.
- JobSeeker and Youth Allowance: Singles over 60 who have been on the benefit for more than 9 months will see an increase of up to $56.10.
- Parenting Payment (Single): Single parents will get up to $35.70 extra fortnightly.
- Austudy and ABSTUDY: Students will see their payments rise by up to $41.40.
Rent Assistance Rates
| Family Situation | Previous Amount (per fortnight) | 20 Sep 2024 Amount (per fortnight) | Increase (per fortnight) |
|---|---|---|---|
| Single | 188.2 | 211.2 | 23 |
| Single, sharer | 125.47 | 140.8 | 15.33 |
| Couple | 177.2 | 199 | 21.8 |
| Partnered, illness-separated | 188.2 | 211.2 | 23 |
| Partnered, temporarily separated | 177.2 | 199 | 21.8 |
Centrelink Payment Rates for September 2024 to March 2025
| Payment Type | Family Situation | Previous Amount (per fortnight) | 20 Sep 2024 Amount (per fortnight) | Increase (per fortnight) |
|---|---|---|---|---|
| Age Pension | Single | 1116.3 | 1144.4 | 28.1 |
| Partnered (each) | 841.4 | 862.6 | 21.2 | |
| Disability Support Pension | Single | 1116.3 | 1144.4 | 28.1 |
| Partnered (each) | 841.4 | 862.6 | 21.2 | |
| JobSeeker | Single, 22 or over, no children | 762.7 | 778 | 15.3 |
Why the Government is Increasing Centrelink Payments
The government wants to help with the cost of living. They’re making payments go up to keep up with prices.
Indexation and Welfare Payments
Indexation means payments adjust with living costs. This helps keep the value of what recipients get.
Eligibility for the Age Pension
To get the Age Pension, you need to:
Also Read
- Be 67 years or older.
- Be an Australian resident.
- Have lived in Australia for at least 10 years.
- Meet income and asset tests.
Energy Relief and Low-Income Household Rebates
The federal budget has a plan to help with energy costs. It offers rebates for low-income families.
FAQs
Is there a $400 payment for pensioners in Australia?
Yes, the Australian government has introduced a one-time $400 Centrelink payment for pensioners in 2024.
How do I manage my Centrelink online account?
Regularly check your account, update personal information, and enable notifications.
Who gets the cost of living payment in Australia?
Eligible payment recipients and concession card holders receive a one-time $250 payment.
What are the changes to Centrelink payments in Australia 2024?
Indexation increases most Centrelink payments twice a year based on the Consumer Price Index (CPI).