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Further $150 to be slashed from electricity bills

  • Every household and nearly 1 million small businesses will receive $150 in electricity bill relief from July 1, contingent on Labor staying in power.
  • The Albanese government confirmed the $1.8 billion extension, emphasizing it as a key cost-of-living initiative before the budget release.
  • Treasurer Jim Chalmers stated, 'This is hip-pocket help for households, and it recognizes that people are still under pressure.'
  • Opposition Leader Peter Dutton criticized the rebate, labeling it a 'Ponzi scheme' and arguing it does not genuinely lower electricity costs.
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Sydney Morning Herald broke the news in Sydney, Australia on Sunday, March 23, 2025.
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