Thousands of families doing it tough are not expected to qualify for the government’s energy relief measure, which is included in the broader $14.6 billion cost-of-living package.
The spending will be largely offset by savings of $17.8 billion, which will be announced by Finance Minister Katy Gallagher on Monday.
Sky News Australia Political Editor Andrew Clennell on Sunday revealed the expenditure review committee had agreed to broaden the welfare boost, which could represent “up to $40 a fortnight”.“It will be a much broader package than what has been speculated on so far and it will help the most vulnerable people,” the Treasurer told Sky News Australia’s Kieran Gilbert on Sunday Agenda.
“We know and we acknowledge that Australians are doing it tough,” he told reporters in Canberra on Tuesday. The government is expected to post Australia’s first budget surplus in 15 years, and Labor’s first since 1989.
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