Already a subscriber?Anthony Albanese looks set to call on state and territory governments to help deliver further household energy cost relief, flagging a possible extension ofWith the budget again being framed around cost-of-living assistance for households and small business, the prime minister told a conference in Sydney on Thursday a deal agreed with the states in December 2023 had been effective in lowering prices.
“But we’re also looking at what we can do to provide further cost-of-living relief without putting pressure on inflation.” Labor negotiated eight separate deals with the states to deliver the power bill relief, legislated by parliament in December. Some states already had schemes with differing qualification criteria between jurisdictions.Labor’s budget could be the last before the next federal election, due in early 2025. The political fight over cost of living is set to extend to a fight for votes, including amid growing scrutiny of supermarket prices and profits.
“There needs to be punitive penalties. There needs to be an independent arbiter. At the moment, the supermarkets have their own independent arbiter built in that they employ themselves. It should be at arm’s length.”
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