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ABC News
ABC News
Business
National regional social affairs reporter Erin Parke

What difference will increased Centrelink payments make amid surging inflation and rising cost of living?

Australia is experiencing its biggest increases in living costs in more than 30 years. (ABC News: Sharon Gordon)

Increased welfare payments will hit bank accounts in coming days, but it's too little, too late for Australians already packing their bags and moving across the continent in search of a cheaper lifestyle.

From this Monday, payments such as Jobseeker, aged pension and single parent benefits will rise by about 3.7 per cent, as part of a biannual adjustment to reflect inflation. 

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