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ABC News
ABC News
National

Aged pension, JobSeeker payments will rise thanks to indexation. Here’s how much extra welfare recipients will get and when

Almost 5 million Australians are set to receive an increase in welfare payments this month.

The government says it is the largest indexation increase to payments in more than 30 years for allowances, and 12 years for pensions.

However, advocates have described the rise as a "drop in the ocean" amid soaring cost of living expenses following months of interest rate hikes, rising inflation and rising energy prices. 

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