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Reviewing the adequacy of income support payments

The Government has recently announced the establishment of an Economic Inclusion Advisory Committee, which will, among other things, consider the adequacy of income support payments prior to the next budget. This follows numerous calls for increases in such payments over recent years. Read more...

High inflation = higher social security rate increases

Most social security payment rates will be increased on 20 September as part of the regular, twice yearly indexation process. The Minister for Social Services Amanda Rishworth stated that the September increase is ‘the largest indexation increase to payments in more than 30 years for allowances and 12 years for pensions’. Prime Minister Anthony Albanese tweeted that ‘millions of Australians will see the biggest increase to their pension in 30 years’. This FlagPost explains what an ‘indexation increase’ is and why this 30-year record works to maintain rather than increase the real value of these payments. Read more...

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Flagpost is a blog on current issues of interest to members of the Australian Parliament

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