Social security indexation

About social security indexation rates

Social security payment rates are indexed on a regular basis. This helps to maintain their value over time.  

Increases to rates are automatically linked to specific price changes such as: 

• the Consumer Price Index(Opens in a new tab/window) 
• wage measures outlined in the: 
  • Social Security Act 1991(Opens in a new tab/window) 
  • A New Tax System (Family Assistance) Act 1999(Opens in a new tab/window). 

Latest rates

2024 quarterly indexation rates

• September 2024
• July 2024
• March 2024 
• January 2024 

Previous rates

2023 quarterly indexation rates

• September 2023 
• July 2023 
• March 2023 
• January 2023 

2022 quarterly indexation rates

• September 2022 
• July 2022 
• March 2022 
• January 2022 

2021 quarterly indexation rates

• September 2021 
• July 2021 
• April 2021 
• March 2021 
• January 2021 

Rates prior to 2021 are available on the National Library's Australian Government Web Archive(Opens in a new tab/window).