Millions of Aussies receiving social welfare payments will experience a slight reprieve from the rising cost of living following a scheduled indexation of Centrelink payments on Monday.
Recipients of Age Pension, Disability Support Pension and Carer Payments can expect an increase of $37.50 a fortnight for singles and $56.40 a fortnight for couples combined.
Labor minister for Social Services, Amanda Rishworth, said the government is doing what they can to support Australians in need. The payment will increase to $967.90 per fortnight when including the Pension Supplement, Pharmaceutical Allowance, and Energy Supplement. Meanwhile, maximum rate recipients with three or more children will see an increase of $7.42 to $208.74 per fortnight.
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