NSW Treasurer Matt Kean will use an energy ministers meeting on Friday to demand the federal government provides financial relief to households as they face soaring electricity bills, warning that families and businesses were ignored in this week’s budget.but delivered no support in Tuesday’s budget.
However, federal Treasurer Jim Chalmers said the “worst thing that we could do is contribute to even higher inflation”. Chalmers warned that cost-of-living relief should not be “counter-productive”.Kean said he was “prepared to be a nuisance” at Friday’s meeting of energy ministers and will insist that federal Climate Change and Energy Minister Chris Bowen does more to help with increasing bills.
“We can’t wait until the next budget in May for cost-of-living messages because clearly Labor has already put up the white flag when it comes to helping with power bills.”NSW officials have been briefed that power bills in the state will rise by 40 per cent over the next two year as a direct result of the ongoing war in Ukraine. Nationally, the rise will be about 50 per cent.Federal Labor made an election commitment to reduce electricity bills by $275 by 2025.
Kean said the federal budget delivered $7.5 billion in cost-of-living relief across the country, while the 2022-23 NSW budget set aside $7.2 billion for NSW.NSW provided funding in its June budget for 30,000 households to access 10 years of upfront payments, at a cost of $128 million, to put towards a solar system or new, more efficient white goods in a bid to cut energy bills as power prices soar.
AlexSmithSMH Haha. Clickbait.
AlexSmithSMH Nuclear energy is the transition step to full renewables
AlexSmithSMH Maybe the NSW Government shouldn't have privatised their energy grids!!! The hypocrisy is laughable.
AlexSmithSMH Does anyone take Matty The Mad Rooter seriously these days?
AlexSmithSMH Having seen the 7.30 ABC interview with Mark McGowan, I would seriously consider what they have achieved in WA. Is there is anyway we can replicate what they have done, or has the horse bolted because of LNP incompetence?
AlexSmithSMH maybe we could go back and try to find out who allowed Qld LNG to be exported without a domestic reserve mechanism? ... be handy to have right about now
AlexSmithSMH it always sounded like they were not interested......the free market is the winner
AlexSmithSMH Green Keane is the cause of high power bills, he can’t complain
AlexSmithSMH Vale’s Point PS sold for $1m with no need to meet air pollution standards or remediate the polluting ash dam. Now passed on to foreign company to operate into the 2030s and inflict asthma and cancer on local residents
AlexSmithSMH Nobody cares what you think Dutton Lite
AlexSmithSMH Power prices differ by State, why is that Matt? Qld & WA have rebates for high electricity bills because they own their grid, you sold your grid and built feckin football stadiums.
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Source: FinancialReview - 🏆 2. / 90 Read more »