What will a republic achieve?

Will the move to a republic bring about a reduction in petrol pump prices? Will electricity charges be brought under control?

Monarchist old guard bracing for new fight as Albanese government considers putting more taxpayer resources behind republic push

At a Sydney mansion on the Queen's Birthday long weekend, some of Her Majesty's most loyal Australian subjects criticised what they called the republican "elites".

But the election of the Albanese government somewhat hung over the room.The Prime Minister's appointment of Matt Thistlethwaite as the Assistant Minister for a Republic had alarmed the old guard of the Australian Monarchist League.
https://www.abc.net.au/news/2022-06-15/monarchist-old-guard-bracing-for-new-republican-fight/101155386