Kevin Hogan has today welcomed the news of another payment increase for the 22,000 age pensioners in the Northern Rivers and Clarence Valley.
“These increases will see the maximum Age Pension rise to $867 a fortnight for single pensioners and $1,307 for couples combined,” Kevin Hogan said.
“Since being elected, the Age Pension has increased by $58.60 per fortnight for single pensioners and by $88.20 per fortnight for couples combined.
“In addition around ten thousand local allowance recipients will also receive increases to their Newstart Allowance, Parenting Payment Partnered, Widow Allowance, Partner Allowance, and Sickness Allowance as a result of the increase.
“The total payment for single people without children will increase to $532.20 a fortnight, while the payment for partnered recipients will increase to $480.50 a fortnight, including the Energy Supplement.
“Parenting Payment Single recipients will receive an extra $5.80, bringing total payment to $743.20 a fortnight including supplements.
“The Australian Government understands the importance of these increases to help pensioners and allowance recipients to keep up with the cost of living,” Kevin Hogan said.
Full details of all rates and thresholds indexed can be found at https://www.dss.gov.au/benefits-payments/indexation-rates-september-2015