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Centrelink payments in Australia to increase for pensioners, people on Jobseeker and other payments from September 20 amid cost-of-living crisis

Centrelink payments in Australia to increase for pensioners, people on Jobseeker and other payments from September 20 amid cost-of-living crisis

Millions of Australian pensioners will have their benefits increase in the coming weeks, as the nation deals with a mounting cost-of-living crisis. From September 20, pensioners across the country will see some financial relief with a boost to their welfare payments. In their biggest boost ever, recipients of the Age Pension, Disability Support Pension and…

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Reserve Bank of Australia reveals September decision as Philip Lowe prepares to hand governor duties to deputy Michele Bullock

Reserve Bank of Australia reveals September decision as Philip Lowe prepares to hand governor duties to deputy Michele Bullock

Mortgage holders can breathe a sigh of relief with the Reserve Bank of Australia holding steady on interest rates for a third consecutive month. But the outgoing governor has warned that an uncertain financial outlook could force the central bank’s hand in the near future. The RBA board met on Tuesday and decided against hiking…

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Centrelink payments in Australia to increase with indexation from September 20 amid cost-of-living crisis

Centrelink payments in Australia to increase with indexation from September 20 amid cost-of-living crisis

Millions of Australians receiving government payments will have their benefits increase in the coming weeks, as the nation deals with a mounting cost-of-living crisis. The rise is part of the twice-yearly yearly indexation of welfare payments, designed to keep payments in line with the rising cost of living. From September 20, welfare recipients are in…

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