By Callum The Australian Government has implemented its latest routine adjustment to Centrelink Age Pension payments, aimed at easing financial pressures for older Australians. These changes took effect from March 20, 2025, as part of the standard indexation process carried out twice a year—in March and September.
New Age Pension Rates
For eligible recipients, the Age Pension payments have increased slightly to reflect changes in the cost of living:
-
Single pensioners now receive $1,148.92 per fortnight, an increase of $4.52.
-
Couples (combined) receive $1,732.02 per fortnight, marking a rise of $6.82.
These changes apply to both full and part pensioners, depending on individual circumstances including assets, income, and living arrangements.
Rent Assistance Adjustments
The government also raised the maximum Commonwealth Rent Assistance payment to help support low-income individuals and families:
-
Single renters have received a boost of $23 per fortnight.
-
Couples or families with up to two children are seeing increases of around $27.02 per fortnight.
These changes are designed to reflect the rising cost of rental accommodation across the country and provide relief for older Australians who do not own their homes.
Why These Changes Happen
Twice a year, Centrelink payments are reviewed and adjusted based on inflation and cost-of-living trends. The aim is to ensure that pensioners and welfare recipients maintain their purchasing power despite economic shifts. This process uses a combination of economic indicators and cost indexes to determine appropriate increases.
What It Means for You
If you’re receiving the Age Pension or Rent Assistance, you do not need to do anything. These adjustments are automatic and are applied directly to your regular payments. It’s always a good idea to check your MyGov or Centrelink account to confirm the updated payment amounts and see if your circumstances might qualify you for additional support.