Benefit payments rates will get an inflation-matching increase of 7.2 percent next month.
Superannuation payments will go up by $33 a week for an individual; and $25 a week each for a couple.
It's part of the government's so-called bread and butter support package.
Grey Power's David Marshall has been analysing what that means for those over 65-years-old.
He spoke to Corin Dann.
