Australia Pension Increase 2025: Check New Amount and Other Changes

Australia Pension Increase 2025: Age pension is given to individuals who are 67 years of age or above. It is especially for such senior citizens who are finding it difficult to meet their daily needs. Recently, Australia Pension Hike 2025 has been a topic of discussion. The pension amount has been increased from 20 September 2024. According to this new rate, single beneficiaries will get an amount of $1144.40 every fortnight (two weeks).

This article gives detailed information about the increased pension rates, eligibility criteria and payment dates.

Australia Pension Increase 2025

Services Australia is the main body that ensures benefits such as pension for the citizens of the country. This pension is given to those who have limited income and who are unable to work. The pension amount is given every two weeks. Pension rates vary based on the Consumer Price Index (CPI) and inflation.

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From 20 September 2024 to 19 March 2025, the increased rates have been implemented. Single beneficiaries will receive $1144.40 every two weeks, which includes the base rate, pension supplement and energy supplement. Individuals who are eligible will receive this benefit based on their marital status and income limits.

Australia Pension Increase Eligibility 2025

To get the benefit, the person must live in Australia.

The person must be at least 67 years of age.
Those born after 1 January 1957 will become eligible at the age of 67.
This pension will be given to individuals who are within the income and asset limits.

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Australia Pension rates 2025

Benefit Type	Single beneficiaries and couples (living apart)	Couples (living together)
Base Rate	$1047.10	$862.60 (Single member)
Pension Supplement	$83.20
Energy Supplement	$14.10
Total	$1144.40	$1725.20 (Both members)

Pension Payment dates 2025

The pension will be paid every two weeks. Here are some important dates:

2 December 2024
16 December 2024
31 December 2024

FAQs

Q1. What is the Australia Pension increase 2025?

A1. This is an increase in pension rates that will come into effect from 20 September 2024 and continue until 19 March 2025.

Q2. What is the minimum age to receive the Australia Age Pension?

A2. The Age Pension is only paid to individuals aged 67 years or older.

Q3. What is the new Age Pension rate for seniors?

A3. The new rate for single beneficiaries is $1144.40 per fortnight.

This article provides you with all the necessary information about the pension increase. For more information, you can visit servicesaustralia.gov.au.