"On 20 March and 20 September of each year, the rates of most social security payments are usually increased in order to maintain their real value over time—this process is known as indexation. Pensions, unlike other payments, can also be adjusted to maintain their rate relative to average earnings. On 20 September 2020, for the first time in more than 20 years, the rates of pensions and payments such as JobSeeker Payment will not increase "
"In 2017, the Australian pension saw an increase in the maximum rate for both single and partnered pensioners, with the single rate increasing by $3.00 per fortnight and the partnered rate also increasing by a similar amount, reflecting changes to the asset test calculations that came into effect on January 1st, 2017; this essentially meant a slight reduction in the pension amount for individuals "
