The Australian aged pensioners in the age pension will experience a substantial increase in payments amounting to some 1725 per year in 2025. This increase was introduced beginning with the payment cycle on 20 September 2025 and should allow recipients to adjust more to rising living costs, such as housing, utilities, groceries and healthcare costs.
What the Age Pension Increase of 1,725 Means
– The increase of 1,725 is a permanent increase which is added by normal indexation which is linked to inflation and Pensioner and Beneficiary Living Cost Index.
Single rate On a fortnightly basis, singles will be paid an extra amount of $29.70, and couples together will have an additional amount of 44.80 to their Age Pension payments.
– This raise will help the seniors to be able to stay financially steady as the costs of living continue to rise.
October 2025 Full Schedule of Payments
Age Pension is paid twice a month with particular dates depending on Customer Reference Number (CRN) of each recipient: Centrelink.
– Monday, October 6 to Thursday, October 9, 2025 1 st payment period.
– Second payment period: Monday, October 20 -Thursday, October 23, 2025.
The money is received before 9:00 AM local time on the day of payment. In case the day in which payments are to be made is a weekend or a public holiday, they are made on the final working day.
Bank News and Checking Accounts
Most recipients are paid through direct deposit that is the fastest and safest mode.
– Paper checks are posted in cases where there is no direct deposit, but it may take much time because of the postal operation.
– To make sure their bank account is updated in their myGov account connected to Centrelink, beneficiaries need to ensure that they need to update the bank account.
– In case of any change in bank details, revision should be made before the 15 th of the month so that payment is made in good time that year.
Table of payment rates (Fortnightly as at 20 Sep 2025)
| Recipient Type | Payment Amount (Fortnightly) | Annual Equivalent |
|---|---|---|
| Single | $1,178.70 | $30,646 |
| Couple (each) | $888.50 | $23,101 |
| Couple (combined) | $1,777.00 | $46,202 |
Standard supplements available through payments are such as Pension Supplement and Energy Supplement.
FAQs
Q1: Is the lump sum of $1,725 permanent or a lump sum?
It is an increase that is permanent through indexation that is announced in form of fortnightly payments as at 20 September 2025 and beyond.[1].
Q2: Independent Question: When is the Age Pension paid?
The payments will be made every two weeks, dates being between 6-9 and 20-23 October 2025 [5].
Q3: What can I do to prevent tardy payment?
Make sure your current bank detail is updated at least by the 15 th of every month with Centrelink[6].
Q4: Are these payments taxed?
Under the Australian taxation, payments made to age pensioners are mostly non-taxable in the hands of the beneficiaries who are of age[7].
