Starting July 1, 2025, eligible Australians will receive an increase in their Centrelink Age Pension payments, aimed at keeping up with the rising cost of living.
This mid-year adjustment is a strategic move by the government to ensure that seniors and low-income retirees receive fair support as inflation and household expenses continue to grow.
Updated Age Pension Rates
The updated fortnightly age pension rates from July 2025 are structured to provide a noticeable boost for singles and couples alike.
New Age Pension Payment Rates (Fortnightly)
| Recipient Type | Base Rate | Pension Supplement | Energy Supplement | Total Payment |
|---|---|---|---|---|
| Single | $1,051.30 | $83.60 | $14.10 | $1,149.00 |
| Couple (each) | $792.50 | $63.00 | $10.60 | $866.10 |
| Couple (combined) | $1,585.00 | $126.00 | $21.20 | $1,732.20 |
These payments will continue to be tax-free and automatically deposited into recipients’ accounts.
Who Is Eligible?
To receive the updated Age Pension payment, you must meet the following conditions:
Age Requirement
- Must be at least 67 years old as of July 2025.
Residency Requirement
- Must be an Australian resident for a minimum of 10 years, including at least 5 years continuously.
Income Test (Fortnightly Limits)
| Household Type | Full Pension Threshold | Part Pension Cut-Off |
|---|---|---|
| Single | Up to $212 | Up to $2,510 |
| Couple (combined) | Up to $372 | Up to $3,836.40 |
Assets Test
| Household Type | Homeowner Limit | Non-Homeowner Limit |
|---|---|---|
| Single (Full Pension) | $314,000 | $566,000 |
| Couple (Full Pension) | $470,000 | $722,000 |
| Single (Part Pension) | $697,000 | $949,000 |
| Couple (Part Pension) | $1,047,500 | $1,299,500 |
Pension amounts are reduced for those with income or assets above these thresholds.
Bonus Benefits for Pensioners
Along with the pension rate increase, qualifying Australians may also benefit from:
- Work Bonus Program – Earn up to $300 per fortnight from employment without affecting your age pension.
- Commonwealth Seniors Health Card – Access to reduced-cost prescriptions and health services.
- Rent Assistance – Extra support for renters receiving the Age Pension.
What You Should Do
If you are already receiving the Age Pension, you don’t need to take any action. Payments will be adjusted automatically in line with the new rates. However, it’s essential to:
- Keep your contact and bank details up to date
- Review your income and assets regularly
- Check MyGov or Centrelink notices for updates
The July 2025 Centrelink pension increase is welcome news for Australia’s aging population. With rising living costs continuing to affect household budgets, the updated payment rates offer meaningful relief and help maintain financial stability.
Make sure your information is accurate, understand the thresholds that apply to your situation, and take advantage of available benefits to get the most from your Age Pension.
FAQs
Will I need to apply for the increased payment in July 2025?
No. All eligible recipients will receive the increase automatically.
How much more will I receive under the new rates?
Singles will receive up to $1,149.00, and couples up to $1,732.20 combined every fortnight.
Can I still work and receive the full pension?
Yes. You can earn up to $300 per fortnight without impacting your pension under the Work Bonus.