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You’ll probably hear the word “indexation” pop up over the next few days as the new social security rates take effect tomorrow. Here’s a quick 30-second explainer, plus key info on what it could mean for you: 👉From September 20, more than 5 million Australians on the age pension, carer payment, disability support pension, jobseeker, or parenting payment will see more money in their bank accounts. 👉Those on ABSTUDY and rent assistance will also see an increase. | Tanya Plibersek
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