Pensioners And Unemployed Australians Get A Welfare Payment Boost

Around 4.8 million Australians are set for a boost to their pensions and welfare payments next week, thanks to a biannual adjustment to [http://recursos.isfodosu.edu.do/wiki/index.php?title=Usuario:PearlCurtiss seo indexation] ([http://farri.webhop.net/home.php?mod=space&uid=1642744&do=profile&from=space click to find out more]) rates.<br><br>These welfare rates increase every six months in line with rising living costs.<br><br>On average, unemployed Australians receive $545.80 per fortnight, but as of 20th September they will get an extra $2 every week.<br><br>Scroll down for video <br><br><br><br><br><br><br>Around 4.8 million Australians are set for a boost to their pensions and welfare payments next week, thanks to a biannual adjustment to indexation rates<br><br><br><br><br><br><br><br>RELATED ARTICLES<br><br><br>Previous<br><br>1<br><br>Next<br><br><br><br><br>Home and away jobs figures to drive market We DIDN'T win the war! Like us all, [http://www.gameinformer.com/search/searchresults.aspx?q=PETER%20HITCHENS PETER HITCHENS] grew up... <br><br><br><br><br>Share this article<br><br>Share<br><br><br><br><br><br><br><br><br>Welfare rates increase every six months in line with rising living costs<br><br><br>Single pensioners currently receive $826.20 per fortnight, but will have their payments increased by an extra $8.70.<br><br>Couples receiving pensions will see their existing $1208.40 payment boosted by an extra $13.20 per [http://data.gov.uk/data/search?q=fortnight fortnight]. <br><br>Existing parenting payments - approximately $762.40 per week for single parents and $492.80 for a couple - will also rise by roughly $3 per week.<br><br>Rent assistance rates will also increase from September 20, as will a range of income and asset test limits for various payments including the age pension. <br><br>Pensions are linked to prices and wages, while welfare allowances are tied to the consumer price index. <br><br>According to Statista, the unemployment rate in Australia in 2017 was 5.6%, with predictions for 2018 dropping to 5.25%.<br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br>Couples receiving pensions will see their existing $1208.40 payment boosted by an extra $13.20 per fortnight