While everyone’s a winner with the energy rebate, which applies to every household, there are certainly some losersFederal budget 2024 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2024 Australia federal budget coverageGet our morning and afternoon news emails, free app or daily news podcastIn providing $300 in savings to everyone’s energy bill, the Albanese government is hoping everyone considers themselves a winner with its 2024 budget.While the energy bill relief is being framed as a rebate, it applies to every household and will be automatically credited to electricity bills, essentially making it a cash handout for everyone that is part of a broader rebate program that will cost the government $3.5bn over three years.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…
Source link : https://www.theguardian.com/australia-news/article/2024/may/14/australia-federal-budget-2024-winners-and-losers-latest-news-analysis-worse-off-better-off-key-projects-funding-cost-of-living-housing-students-pensioners-medicare-rental-assistance
Author : Elias Visontay
Publish date : 2024-05-14 12:14:40
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