March 19, 2024

More than 45,000 people in Wide Bay will benefit from a boost to their social security payments from 20 March, Federal Member for Wide Bay Llew O’Brien advised today.

People receiving the Age Pension, Disability Support Pension, and Carer Payment will receive an increase of $19.60 per fortnight for singles, and $29.40 per fortnight for couples combined.

The maximum fortnightly pension rate including supplements will increase to $1682.80 for couples and $1116.30 for singles.

“Wide Bay residents are experiencing significant cost of living increases, and this rise will provide some small relief to pensioners and people receiving income support,” Mr O’Brien said.

“People are struggling to pay for their groceries and find the money for their skyrocketing energy bills. Rents are soaring and we have now seen 10 consecutive interest rate raises under the Albanese Labor Government.”

Jobseeker and ABSTUDY payments have also increased, with single Jobseeker and ABSTUDY recipients aged over 22 receiving an additional $13.50 per fortnight, and single parents who receive Parenting Payment will have an additional $17.50 each fortnight.

Social Security payments are indexed twice a year to help with the rising cost of living. The next increase will occur on 20 September 2024.

“Cost of living pressures will be made even worse if the Albanese Government’s proposal to impose another biosecurity tax on farmers goes ahead,” Mr O’Brien said.

“Labor’s Biodiversity Protection Levy is expected to collect around $50 million each year over the next three years, and this is a tax that will be passed from farmers to wholesalers and retailers, and onto consumers.

Mr O’Brien said a range of factors could affect Age Pension payments, including the income and asset tests, deeming rates, and other provisions.

“Every year I publish an Age Pension Guide to ensure Wide Bay pensioners have access to up-to-date information that is clear and easy to understand,” Mr O’Brien said.

“If you would like a copy of my Age Pension Guide, please contact my office on 4121 2936 and I’d be pleased to send one to you.”


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I acknowledge our defence force personnel, past, present, and emerging, for their service to our nation, and particularly those who have made the ultimate sacrifice in the defence of Australia.

I also acknowledge the Australian taxpayers who, through their hard work, pay for the infrastructure, health, education, and emergency services that keep our proud nation healthy, safe, and prosperous.