Centrelink indexation 2026: when rates change

Australian government payments are indexed on four dates a year, not two. Each date lifts a different set of payments, using a different measure. Here is the full schedule.

Next indexation

20 September 2026

Rates change across the affected payments on this date.

The four indexation dates

Date each yearWhat is indexedMeasure
20 MarchPensions, allowances, Parenting Payment and Rent AssistancePensions: higher of CPI and PBLCI, benchmarked to MTAWE; allowances and Rent Assistance: CPI
1 JulyFamily Tax Benefit Part A and B, family income-test thresholds, pension income and assets free areas, and deeming thresholdsCPI
20 SeptemberPensions, allowances, Parenting Payment and Rent AssistancePensions: higher of CPI and PBLCI, benchmarked to MTAWE; allowances and Rent Assistance: CPI
1 JanuaryStudent payments (Youth Allowance, Austudy, ABSTUDY), DSP under 21, Carer Allowance and Pharmaceutical AllowanceCPI

Indexation events

The measures explained: MTAWE, PBLCI, and CPI decide how much each payment rises. Pensions use the higher of CPI or PBLCI, benchmarked to MTAWE; allowances and family payments use CPI.

Rates current as of 17 July 2026. Source: DSS / Services Australia. Last checked 17 July 2026.