New power bill relief
$300 energy rebates for every household
The Government is providing $3.5 billion in energy bill relief for all Australian households and around one million small businesses.
From 1 July 2024, more than 10 million households will receive a total rebate of $300 and eligible small businesses will receive $325 on their electricity bills throughout the year.
This is estimated to directly reduce headline inflation by around 1/2 of a percentage point in 2024–25 and is not expected to add to broader inflationary pressures.
(BTW: comparing to QLD's $1000 energy bill relief from https://www.ozbargain.com.au/node/843908, what is the difference between this one and that post as this post has so many negative votes? If it is an 'announcement', it will be the similar announcement to QLD's rebate. In other words, both posts should be treated fairly and equally.)
Remove or reduce the fuel excise tax.