CANBERRA, ACT, March 25 -- The Treasurer of Australia issued the following media release:
The Albanese Labor Government will provide another $150 in Energy Bill Relief, extending our energy rebates until the end of 2025.
This responsible cost of living relief measure will help every household and small businesses.
From 1July 2025, every household and around onemillion small businesses will see another $150 in rebates automatically applied to their electricity bills in quarterly instalments, on top of the previous rebates already being rolled out to Australian households and small businesses.
Treasury estimates this will directly reduce headline inflation by around half of a percentage point in 2025, and reduce household bills by 7.5perc...