Payment Increase

Centrelink Announces Significant Payment Increases To Alleviate Cost-Of-Living Pressures

by
Centrelink Announces Significant Payment Increases To Alleviate Cost-Of- Living Pressures

In a move aimed at supporting millions of Australians amidst rising living costs, the government has announced substantial increases to various Centrelink payments, effective from March 20, 2025. This biannual indexation ensures that social security payments keep pace with inflation, providing much-needed relief to recipients.​ Overview of Payment Increases The upcoming adjustments will benefit a … Read more

OAS Payment to Increase by 194% to $1,970 in March 2025 – Check Your Eligibility

by
OAS Payment to Increase by 194% to $1,970 in March 2025 – Check Your Eligibility

The Old Age Security (OAS) payment, a vital financial aid for Canadian seniors, is set for a historic 194% increase, raising the monthly payment to $1,970 starting in March 2025. This remarkable boost will significantly enhance the financial security of retirees across Canada. But who qualifies for this increase, and how does it impact your … Read more