Australian Households and Small Businesses to Receive Energy Bill Relief
Government Unveils Measures to Address Rising Energy Costs
In a bid to alleviate the financial burden of rising energy costs, the Australian government has announced a range of support measures for households and small businesses. The cost-of-living budget, presented by Treasurer Jim Chalmers, includes a significant 300 energy bill rebate for every Australian household.
Details of the Energy Rebate
The 300 energy rebate will be applied as a direct discount on electricity bills for eligible households. It is expected to be implemented in the 2024-25 financial year. Additionally, small businesses with an active ABN and an annual turnover of less than 50 million will receive energy bill relief. The exact details of these measures are yet to be announced.
According to Treasurer Chalmers, these measures are designed to provide immediate relief to Australians who are facing rising living costs. The government estimates that the energy rebate alone will save households around $300 a year on their energy bills.
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