Get relief from high energy prices! National cabinet agrees on $1.5b energy price relief plan

Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


shutterstock_2178134071 (1).jpg
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
 
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Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
not enough... and why the hell compensation to the coal producers FFS... they already make millions in profit each year, sounds like a bribe to get more support from them...
 
Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
 
Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
I think it's a good start,more work to do to it an even playing field 🤔
 
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Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
No mention of Victoria and only "temporary"? What happens after that?
If our government stopped the interest rates, food and utilities rising, called a halt to the Green madness and climate change, stopped blaming the war in Russia, while throwing money at Zelensky, who's a tyrant demanding even more money to destroy churches, and stopped dishing out our money to the voice to parliament, that will allow the government to change the Constitution, to suit themselves, without anyone's knowledge, using the Aboriginals as a "front, sack the RBA's Philip Lowe, who knows he lied about interest rates not rising until 2024 and who's just a spiteful, self-centred bureaucrat, getting paid astronomical amounts, by us the taxpayer, like all the rest of the politicians.
Instead, our pompous government, should help the poor starving Australian families, living on the streets, stop all mandates , so people can go back to work and stop bringing in economic migrants to take Australian jobs, with no mention of whether or not, they're jabbed.
 
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Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
The country's energy resources should all be nationalised, and run by the COMMONWEALTH GOVERNMENT. States interference in absolutely essential services has ruined the country, and privatisation has made it intolerably worse.
 
Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
Too little too late, at the risk of offending some members personally I think we should have gone nuclear years ago. In the last app seventy years, there have been three accidents two of which were human error, if I remember correctly
 
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Reactions: Bindii and Liz
Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
This will end up causing massive problems in the future. The stock market will fall and the coal and gas companies will dry up supplies and force the government to back down. The massive cost of wind and solar will continue to force prices up. R H
 
Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
Just another display of incompetence. 97 times the clown pretending to be PM promised $275 cheaper electricity bill for all of us but then did the unthinkable in allowing increases of 20%. Now he is portraying himself as the hero but says prices will not go up nor go down. To all his supporters you got sucked in and have made us all to suffer. Thanks for nothing.
 
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Just another display of incompetence. 97 times the clown pretending to be PM promised $275 cheaper electricity bill for all of us but then did the unthinkable in allowing increases of 20%. Now he is portraying himself as the hero but says prices will not go up nor go down. To all his supporters you got sucked in and have made us all to suffer. Thanks for nothing.
Agree with your comments; this clown has simply no idea - constantly pandering to the rich and China. Couldn't care less about Average Joe ...... Albo is a disgrace! 🤬
 
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Household power bills have been a big topic of conversation lately, especially with reports that they could rise by as much as 30% next year.



This obviously puts a lot of financial strain on hard-working Australians who are already doing it tough due to the pandemic.

Thankfully, the national cabinet came together to discuss this issue and have come up with a plan to provide some relief.

At Friday's national cabinet meeting, plans were finalised for a $1.5 billion support package that will be paid through state and territory governments.



The money from this package will go towards reducing power bills for all Australians, starting in 2023.

Prime Minister Anthony Albanese said, ‘Extraordinary times call for extraordinary measures.’


View attachment 10274
This price cap is unprecedented. Image Credit: Shutterstock



The first component of the relief plan is a $1.5 billion support package that will be paid through state and territory governments in order to provide support specifically to households and small businesses. This power bill relief will come into effect next year and though it's only temporary, it'll go a long way towards easing some financial pressure off all Australians.

The amount each state or territory receives will depend on various factors, such as their domestic gas reserve.



‘In Western Australia, for example, because of the Carpenter government having the vision, frankly, to make sure there are domestic gas reservations, then impact on price in Western Australia as well as the Northern Territory, ACT and Tasmania is less than the states which are at the heart of the national energy market,’ Albanese said.

The second component of the plan involves capping gas prices at $12 per gigajoule for one year through a mandatory code of conduct enforced by the Commonwealth government. The Australian Competition and Consumer Commission (ACCC) will monitor this closely.



The government will also work with New South Wales and Queensland to implement a temporary coal price cap of $125 per tonne. This compensation will go directly to coal producers.

This price cap will hopefully ease some financial burden off small businesses that have been struggling.

We will continue to update you on any new developments in this story, but at the time of publishing, this is the information we had access to. So what do you think of the plan? Will it help? Or will it cause more issues in the future?
Sounds amazing for those who have had connected but says nothing about those who only have electricity connected so my question is as that too is Energy so what relief if any are those folks granted monetary wise
 
Ps my above comment was that not everyone uses gas so what relief does one get iff
they use electricity only
 

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