Why millions of Aussies will receive a cash boost from THIS week - here's what ... trends now
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About five million Australians on social security payments will receive a cash boost when indexation kicks in on Wednesday.
People on the age pension, disability support pension and carer payment will receive an extra $19.60 a fortnight for singles and $29.40 for couples every two weeks, starting on March 20.
The maximum rate of pension will rise to $1,116.30 for singles and $1,682.80 for couples a fortnight.
Those receiving rent assistance, JobSeeker, single parenting payments and ABSTUDY will also see an increase in their payments.
Social Security Minister Amanda Rishworth said earlier this month the regular indexation is in addition to the government's boost to working age and student payments announced