Pension Changes Confirmed For May 2025 – Updated Rates, Eligibility Rules, And How To Maximize Your Benefits
In May 2025, the Australian government implemented significant changes to the Age Pension, aiming to provide better financial support to retirees amidst rising living costs. These adjustments include increased payment rates, revised eligibility criteria, and updated income and asset thresholds. Updated Fortnightly Pension Payments (Effective 20 May 2025) The following table outlines the new fortnightly Age Pension rates … Read more