Albanese Government Extends Energy Bill Relief with $1.8 Billion Package

Households and small businesses will receive an additional $150 in rebates as part of Labor's cost-of-living strategy ahead of the federal election.

The Albanese government announced a $1.8 billion extension to its energy bill relief program, providing $150 in additional rebates starting July 1, 2025.
The rebates, applied automatically in quarterly installments, aim to reduce household energy bills by 7.5% on average and lower inflation by 0.5% in 2025.
Labor frames the initiative as part of its broader cost-of-living relief strategy, emphasizing its commitment to easing financial pressures ahead of an expected federal election.
The Coalition, led by Peter Dutton, opposes the plan and promotes a $600 billion nuclear energy proposal, which Labor claims would require cuts to Medicare to fund.
Energy prices in Australia remain impacted by global factors and ageing coal infrastructure, with Labor advocating for renewables and the Coalition arguing for nuclear energy as a long-term solution.