In a speech for Cosboa, Anthony Albanese signals the energy price support will probably be rolled over in the May budget.In a speech for Cosboa, Anthony Albanese signals the energy price support will probably be rolled over in the May budget.Anthony Albanese will give the strongest signal yet that the government will extend energy price relief, as he declares that small businesses and families will be “front and centre” in the May budget.
The week in parliament: Albanese’s attempts to appease Dutton land Labor in a political quagmire of its own makingthrough a system of caps on coal and gas prices, and $1.5bn of consumer rebates from 1 July 2023. The measure benefited small businesses and households in receipt of government payments or who hold concession cards.
“That’s why the energy bill relief package I negotiated with the states and territories delivered up to $650 in savings for around 1 million small businesses, along with 5 million families,” Albanese will say, according to an advance copy of his speech seen by Guardian Australia. He will say that the figure is a “great start” and that the number will rise with “right investments and support and the continuing advances in technology”.
Albanese will commit to keep working with Cosboa “on industrial relations, on energy, right across the economic agenda”, arguing that unlike the Coalition “we don’t think cooperation is a sign of weakness”., Albanese says Australia needs to “show the dynamism and drive of small business” to compete and succeed in a competitive global environment.