Subscribe and turn on notifications🔔 : [ Ссылка ] | Every Australian household will receive a $300 energy bill rebate, under a new cost-of-living measure announced in the Federal Budget.
The government will provide $3.5 billion in energy bill relief for all households and around one million small businesses. This will go straight into people’s bills, meaning households won’t receive cash but a discount instead.
More than 10 million households will receive the $300 rebate, while small businesses will get a slightly higher $325 off their bills from July 1, 2024.
The government said the measure will lower headline inflation by about 0.5% in the 2024-2025 financial year, and won’t add to inflationary pressures.
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