House debates

Wednesday, 14 June 2023

Questions without Notice

Cost of Living

2:02 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I thank the member for Herbert for his question. One of the things that this government is doing is taking action. We provided $1.6 billion for energy efficiency upgrades for homes and businesses, including the small business energy incentive. We had the Rewiring the Nation program, of course. We're rolling it out, bringing the energy grid into the 21st century. We introduced, as well, our plan to provide certainty to encourage investment through the safeguard mechanism. Importantly, as well, we had our Energy Price Relief Plan, which shielded Australia from the worst of global price spikes that have occurred with price caps that nearly halved wholesale forward prices for electricity. We provided up to $3 billion in targeted rebates for households and businesses, up to $500 in bill relief for eligible households and up to $650 in bill relief for small businesses.

I can imagine people in Queensland today are giving a big shout-out to the Palaszczuk government and the announcements that they've made overnight, which will, for some pensioners, reduce energy bills to zero. That's as a result of what they have done in partnership with this government.

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