IT WILL get you a cup of coffee, but better hold the muffin. The base age pension will increase by $6.80 a fortnight from September 20.
The rise, which applies to the age pension, disability support pension and carer payment, takes the base rate single rate to $850.40 a fortnight; for couples the payment rises to $641 each (up $5.10 each).
The energy supplement remains unchanged at $14.10 (single) and $10.60 (couple each), while the supplement rises 40 cents for singles to $68.90 and 30 cents for couples to $51.90 each.
That brings the total base pension to $933.40 (single) and $703.50 (each member of a couple) - overall rises of $7.20 (single) and $5.40 (couple, each).
Announcing the second of the twice-yearly payment changes, Human Services Minister Anne Ruston said pensioners affected by reduced deeming rates would see a further increase to their payments from September.
On average, age pensioners affected by deeming will receive an extra $9.59 per fortnight (single) and $12.06 (couple).
The disqualifying assets limits at which the pension cuts out have risen to $574,500 for single homeowners ($785,000 non-homeowners); and $863,500 for couple homeowners, combined ($1,074,000 non-homeowners).
No joy to be had for those receiving Newstart, widow allowance or sickness allowance. Their base rate will increase $3.30 a fortnight to $559.
Lobby groups had been campaigning for a $75 a week increase in the Newstart allowance. More than 180,000 over-55s are jobless and struggling to survive on the payment of just over $40 a day.
Pensions and allowances are adjusted in March and September and are linked to prices and wages, while allowances are linked to the Consumer Price Index.
For a full rundown of payment changes, disqualifying limits and allowances, click HERE