The federal government is set to increase the welfare payments for over 1 million Australians from Jan. 1 to help the population cope with the rising cost of living and ensure those relying on social security payments can keep pace with inflation.

Payments will increase by 3.8%, which means a major upgrade for specific groups. For example, the youth population will enjoy a rise from between AU$17.30 and AU$24.30 per........

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