What Has The 2024 Budget Done For Pensioners. A 12 month freeze on deeming rates has been provided in the 2024 budget until 30 june 2025 ensuring pension payments do not reduce as inflation rises. On monday, finance minister clyde.

All retirees will also benefit from the $300 energy bill relief, and eligible pensioners could also benefit from the increase in rent assistance. The threshold for single seniors and pensioners has been increased from $38,365 to $41,089 the family threshold for seniors and pensioners has been increased from $53,406.