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moondoong

46,441 Posts.

12/05/24

15:48

Post #: 73785201
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Originally posted by kellbys ↑

Qld Labor delivers $1000 cost of living rebate to every household!

New Premier Steven Miles has announced all Queensland households will receive a $1,000 rebate on their electricity bills from July this year.
This nearly doubles the $550 electricity rebate that was paid to households this financial year.
The direct return to households recognises the increased pressure on household budgets as a result of growing everyday expenses like mortgage repayments, rent, groceries and fuel.
Eligible seniors, pensioners and concession card holders will receive $1,372 off their power bills.
Queensland Government funded support of $325 off power bills will continue for small businesses.
Upfront $1,000 rebates will be applied to households bills from July, meaning most Queenslanders will not pay a single cent on their first power bill of the next financial year and many won’t pay another bill until 2025.
A special appropriation bill will be introduced to bring forward the payment.
Recent data from the ABS shows that the $550 electricity rebates have lowered electricity bills by 9.5%, contributed to inflation in Queensland being lower than the national average and power bills remaining lower than under the LNP.
Queensland already has the lowest energy bills on the east coast of Australia, as outlined in the ABS data and reported by Canstar Blue.
The $1,000 rebate will nearly halve the average yearly household power bill in Queensland for 2024-25.

Miles government delivers $1,000 for Queensland households - Ministerial Media Statements

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All on the tick.

Borrowed money.

Who pays it back?
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