Centrelink Age Pension Increase – The Australian Government has officially approved a significant increase in the Centrelink Age Pension for millions of senior citizens across the country. This decision is expected to provide much-needed financial relief amid rising living costs and inflation. The pension increase will impact both single recipients and couples, starting from the upcoming payment cycle. Here’s everything you need to know about the new payment rates, eligibility changes, and how to access your updated benefits.
What Is the New Centrelink Age Pension Increase?
Starting from the approved date, all eligible seniors will receive higher fortnightly payments. This change aligns with the government’s efforts to ensure retirees can meet essential living expenses without financial stress.
Key Highlights of the Increase:
- Approved pension increase for eligible individuals and couples.
- Applies to both full and part pensioners.
- Payments adjusted based on inflation and living cost indexation.
- Automatic update; no application required for existing beneficiaries.
- Begins from the next pension cycle (specific dates below).
Updated Centrelink Age Pension Payment Rates (2025)
The following tables provide a detailed breakdown of the new Age Pension rates under Centrelink for different categories.
Centrelink Age Pension Rates – Single Recipients
| Payment Type | Previous Rate (Fortnightly) | New Rate (Fortnightly) | Increase Amount |
|---|---|---|---|
| Base Pension | $1,096.70 | $1,138.20 | +$41.50 |
| Pension Supplement | $80.10 | $82.50 | +$2.40 |
| Energy Supplement | $14.10 | $14.10 | No change |
| Total Payment | $1,190.90 | $1,234.80 | +$43.90 |
Centrelink Age Pension Rates – Couples (Combined)
| Payment Type | Previous Rate (Fortnightly) | New Rate (Fortnightly) | Increase Amount |
|---|---|---|---|
| Base Pension (combined) | $1,654.00 | $1,717.00 | +$63.00 |
| Pension Supplement | $121.80 | $125.60 | +$3.80 |
| Energy Supplement | $21.20 | $21.20 | No change |
| Total Payment (combined) | $1,797.00 | $1,863.80 | +$66.80 |
Eligibility Criteria for Increased Age Pension
To qualify for the newly approved Centrelink Age Pension increase, seniors must meet specific eligibility criteria, which include:
- Must be aged 67 years or older (or turning 67 within the financial year).
- Must be an Australian resident and meet residency requirements.
- Meet the income and asset test thresholds (revised for 2025).
- Already receiving Age Pension benefits or approved for new enrolment.
Income and Asset Test Changes – What You Need to Know
The income and asset thresholds for Age Pension have also been revised. These changes could impact your payment rate or eligibility.
Revised Income Limits:
- Singles: Up to $204 per fortnight before reduction begins.
- Couples (combined): Up to $360 per fortnight.
Revised Asset Limits (Homeowners):
- Singles: Up to $301,750 in assets.
- Couples: Up to $451,500 in assets.
If your income or assets exceed these levels, your pension may be reduced or cancelled.
How to Check Your New Pension Payment
To confirm how much you’ll be receiving:
- Log in to myGov linked to Centrelink.
- Visit the Services Australia website.
- Check your latest Centrelink statement for updated payment details.
- Contact Centrelink directly if unsure (contact details below).
FAQs – Centrelink Age Pension Increase
Q1. When will the increased payments begin?
A1. Payments will be applied automatically from July 1, 2025, for eligible pensioners.
Q2. Do I need to apply to receive the increased amount?
A2. No, the adjustment will be made automatically for all current recipients.
Q3. Will the Energy Supplement also increase?
A3. No, the Energy Supplement remains unchanged as per the 2025 review.
Q4. What if I’m turning 67 this year?
A4. You can apply for the Age Pension once you meet the age and residency criteria.
Q5. What if my pension was recently cancelled due to income or assets?
A5. You may become eligible again under the new thresholds. Re-apply via Centrelink or myGov.
Departmental Contact Information
For further assistance or to clarify eligibility:
Centrelink Support Line (Pension Queries):
Phone: 132 300 (Monday to Friday, 8am – 5pm)
TTY: 1800 810 586
Website: https://www.servicesaustralia.gov.au/
Visit: Your nearest Centrelink Service Centre
Important Notes for Pensioners
- Ensure your bank account details are updated with Centrelink to avoid delays.
- Keep your income and asset declarations up to date.
- If you receive part pension, the increase will vary based on your financial disclosures.
Conclusion of Centrelink Age Pension Increase
The Centrelink Age Pension increase for 2025 comes as a major relief to Australia’s aging population, offering additional financial security during retirement. With rising costs of food, energy, and healthcare, this update ensures that seniors receive a dignified and sustainable income. Make sure your details are up to date with Centrelink and stay informed through myGov or the Services Australia platform.