Millions of Aussies set for $500 cost of living relief

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Millions of Aussies set for $500 cost of living relief
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Cost of living relief is on the way this week as households battle the financial squeeze. 7NEWS

WATCH THE VIDEO: How to keep a roof over your head without going broke — advice for renters and buyers.The policies promised in the last federal budget will come into effect from that date, including electricity bill relief for some households and a small business incentive to help eligible companies become more energy efficient.

“The suite of policies, which will start to roll out from Saturday, will make a real difference in the lives of millions of hardworking Australians while delivering an economic dividend and laying the foundations for future growth,” he said. Five million households will be eligible for up to $500 in power price relief while one million small businesses will be able to access up to $650.

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