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September boost for JobSeekers, pensioners denied – Yahoo Finance Australia
Aussies relying on welfare will need to wait until March next year to see an increase in their payments.
Pensioners and JobSeekers will likely need to wait until March 2021 to see their bank balances boosted, as the aged pension will not be increased this September, the Department of Social Services has revealed.
Thats because inflation actually decreased in July this year, DSS deputy secretary Nathan Williamson told a parliamentary committee.
“Based on the calculation for indexation, if it’s negative, we don’t reduce the pension but we also don’t increase it,” Williamson said.
Welfare payments …
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