The changes take effect on March 20. 9News
Nearly 5 million Australians will receive a major increase to their pension and allowance payments when they are indexed to inflation later this month.
Single JobSeeker and ABSTUDY recipients aged over 22 and without children will receive an extra $24.70 per fortnight.Single parents receiving the parenting payment will benefit from an extra $33.90 a fortnight. People receiving the maximum rate who have one or two children will see a rise of $6.58 to $184.94 per fortnight, while those who have three or more children will receive an increase of $7.42 to $208.74 per fortnight.The federal government said the indexation of pension and welfare payments will help vulnerable Australians during the cost of living crisis.
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