From 1 January 2014 the rate of payment for those who receive a Carer Allowance increased in line with the CPI, so how much extra will you receive?
More than half a million people who receive a Carer Allowance will have their payment increased by $2.80 a fortnight, lifting the basic rate of payment to $118.20 a fortnight. While only a small increase, it does keep the payment in line with the Consumer Price Index. Other payments have been increased as follows:
- Youth Allowance has been increased by between $7.70 and $18.30 per fortnight
- Those under age 21 receiving Disability Support Pension will get an increase of between $12.50 and $18.80 per fortnight
- Austudy payments will increase by between $13.90 and $18.30
Personal income limits linked to some payments have also been increased. To find out more about indexation increases, visit the Department of Social Security.
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