Albanese Government Extends Energy Rebates with $1.8 Billion Budget Allocation

Households and small businesses will receive an additional $150 in energy bill relief starting July 2025, as part of a broader cost-of-living strategy ahead of the federal election.

• The Albanese government will extend energy rebates by $150 for households and one million small businesses, starting July 1, 2025.
• The measure, costing $1.8 billion, aims to reduce electricity bills by 7.5% on average and lower inflation by 0.5 percentage points in 2025.
• Electricity prices are projected to rise by 8.9% mid-year, intensifying public concern over energy affordability.
• The Coalition has chosen not to oppose the rebate extension but criticizes it as a short-term measure lacking long-term solutions.
• The announcement forms part of Labor's pre-election budget strategy, with the federal election expected by May 2025.

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