Labor Announces $150 Energy Bill Rebates in Pre-Election Budget
The Albanese government extends energy subsidies to tackle rising costs and inflation, drawing mixed responses from the Coalition ahead of a federal election.
- Households and small businesses will receive $150 in quarterly energy bill rebates starting July 1, 2025, as part of a $1.8 billion cost-of-living package.
- The Treasury estimates the rebates will reduce household electricity bills by an average of 7.5% and lower headline inflation by about 0.5% in 2025.
- Electricity prices are projected to rise further, with an 8.9% increase recommended by the Australian Energy Regulator in certain regions.
- The Coalition has criticized the measure as a short-term fix funded by taxpayers but confirmed it will not oppose the rebates.
- The energy relief is central to Labor's re-election strategy, with the federal election expected to be called within weeks.
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