Age Pension Increase March 2024.

Australia Age Pension Increases.

The Australian Age Pension increases every year in March and September.

Following the latest release of the cost of living figures from the ABS, it is expected that the maximum Australian Age Pension will increase, in March 2024, by:

  • $19.50 a fortnight for the single person
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Australian Aged Pension from September 2023

From 20 September 2023, the Australian Age Pension will rise by $32.70 per fortnight, for the single person rate.

That results in an annual increase of 6.82% from September 2022.

The single rate of the Age Pension, with supplements, will increase by $32.70 per fortnight – from $1,064 to $1,096.70… Read the rest

Australian Aged Pension from September 2022

From 20 September 2022, the Australian Age Pension will rise by $38.90 per fortnight, for the single person rate.

That results in an annual increase of 6.1% from September 2021.

The inflation rate to June 2022 according to the ABS was 6.1%.

The Australian Aged Pension from September 2022.

The … Read the rest

Australian Aged Pension from March 2022

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 from March 2022.

The Australian Aged Pension is revised in March and September (normally) each year, and … Read the rest

New Zealand Citizen and Australian Pension.

Australian Aged Pension for New Zealand Citizens.

To get most Centrelink payments in Australia you must meet all of the following criteria:

  • be an Australian resident.
  • meet the eligibility rules for the payment.
  • serve any waiting periods.

What is an Australian Resident for Centrelink purposes?

You’re an Australian resident if … Read the rest

Australian Age Pension while outside Australia

How Much is the Aged Pension when outside Australia?.

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.

How much Pension do you lose if you

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Australian Aged Pension from September 2021

The Australian Aged Pension from September 2021.

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