Australia News

Social Security Payments Increased to Combat Inflation

The Albanese government said millions of Australians were set for a financial boost from the indexation rises.
Social Security Payments Increased to Combat Inflation
People queue outside an Australian government welfare centre, Centrelink, in Melbourne, Australia, on March 23, 2020. William West/AFP via Getty Images
Monica O’Shea
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Australians on social security benefits, including unemployment, will receive a minor boost on March 20 to counteract inflation.

Pensioners, job seekers, parents, and students on government payments will receive a slight increase as part of the latest round of indexation linked to the Consumer Price Index and wages.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]