On a pension? Here's why you might be getting some extra cash come July 1

Eileen Wood
Updated July 15 2024 - 10:40am, first published June 17 2024 - 5:00am
July 1 Indexation means small payment increases for some age pension recipients. ACM file picture
July 1 Indexation means small payment increases for some age pension recipients. ACM file picture

Increases to income and asset thresholds from July 1 will bring some small relief for nearly one million recipients of the Age Pension, Disability Support Pension and Carer Payment, who will be able to earn more income and have more assets before their payments are affected.

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Eileen Wood

Eileen Wood

Senior Journalist

I'm a senior news journalist at The Senior newspaper, the leading publication bringing targeted news on issues affecting older Australians. We cover NSW, Victoria, Queensland, Tasmania, SA and WA. If you have a story idea I would love to hear it. You can email me: eileen.wood@thesenior.com.au or phone The Senior 02-4355-5000, mob. 0487 495 805

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