The issue about $300 for everyone is that it is a rebate off...

The issue about $300 for everyone is that it is a rebate off your power bill and not a cheque in the mail. The intention is that it comes off power and not used to buy a holiday in Bali or an upgrade to last years iPhone.

Power companies have no knowledge of your individual wealth and no access to ATO/services australia to determine if you are eligible. Power companies simply apply to the fed govt for $300 x each household supply and pass it on.