Social Services Payments Set to Rise from July 1
- admin928749
- Jun 12
- 2 min read
Aussies doing it tough will get a small financial boost from July 1, with Centrelink payments set to rise for 2.4 million people.
The government’s latest indexation changes will lift a range of social security payments by 2.4 per cent, giving a little relief to individuals and families feeling the pressure from rising living costs.
Here’s a quick look at what’s changing:
Who's getting more?
The increase applies to a wide range of payments, including:
JobSeeker
Youth Allowance
Austudy
ABSTUDY Living Allowance
Parenting Payment
Special Benefit
Carer Payments
Disability Support Pension
And updates to income and asset thresholds for the Age Pension
Family Tax Benefits are going up too
For children under 13, the Family Tax Benefit Part A max rate will rise to $227 per fortnight.
For kids over 13, it increases to $295.82 per fortnight.
Paid Parental Leave threshold is increasing
Good news for new parents:
The individual income limit is going up to $180,007 per year.
The combined family limit rises to $373,094.
Why is this happening?
These changes are part of routine indexation — where the government adjusts payments based on inflation and economic conditions.
“From 1 July, millions of recipients of social security payments will see more money in their bank accounts,” said Social Services Minister Tanya Plibersek.“Indexation is a crucial way to help families when the cost of living rises.”
If you want the full breakdown of the updated payment rates and thresholds, you can check them out on the Department of Social Services website.
It’s not a huge jump, but every little bit helps — especially with energy, rent, and groceries all getting more expensive.
Stay tuned with Aus News Lanka – the leading platform for news for Australians.
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