Australian Pension Rates 2024. Deeming rates remain at generous levels: The wages benchmark ensures the couple combined rate of pension is at least 41.76% of male total average weekly earnings.
Rates for part age pension, and upper limits on income and asset value to qualify for the pension, are adjusted each year in march and september. Calculations on this page are updated for january 2024.
How Much Disability Support Pension (Dsp) You Can Get Depends On Your Situation.
These rates are current from 20 march 2024 to 30 june 2024.
This Follows Last Weekโs Announcement That Cpi Has Increased By 1.8% In The Same Period.
The maximum normal pension basic rate per fortnight in australia is $1,002.50, which is $26,065 annualised.
The Department Of Social Services Regularly Reviews These Rates To Reflect Changes In The Consumer Price Index.
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The Government Promised A Year Ago That These Would Be Frozen Until July 1,.
The rates for a full age pension for australian residents for the period 20 march 2024 to 19 september 2024 are listed below:.
From 20 March 2024, The Age Pension.
We use the pension income test to assess age pension.
