$150 Power Bill Relief: Labor’s $1.8 Billion Pitch to Voters

Every household and one million businesses will get $150 in energy rebates from July, if Labor secures re-election.

Australian Labor Treasurer Jim Chalmers, Finance Minister Katy Gallagher (C), and Prime Minister Anthony Albanese speak to the media during a press conference at Parliament House in Canberra, Australia on Nov. 29, 2024. AAP Image/Lukas Coch

Every household and nearly 1 million small businesses will receive a further $150 in electricity bill relief from July 1, contingent on Labor staying in power.

The Albanese government confirmed the $1.8 billion extension just before its budget release, positioning it as a key cost-of-living initiative.