Australians are set to receive up to $500 in relief on their power bills, a preview of the upcoming federal budget has revealed. auspol 7NEWS
WATCH THE VIDEO ABOVE: Treasurer Jim Chalmers gives 7NEWS a preview of Budget 2023.Pensioners, small businesses and people on government payments will be eligible for the subsidy.
The Treasurer would not “pre-empt” an announcement on a possible parenting payment, saying: “If there’s an opportunity to do better there, we will.” “This will be a responsible budget for Australians doing it tough and that means some responsible cost of living assistance at the same time as we lay the foundation for future growth and we get the budget on a much more sustainable footing.”While talking about the upcoming budget, the treasurer has called for the parliament to support the overhaul of the petroleum resource rent tax that he says will make a meaningful contribution to the budget.
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