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$1.5bn energy price relief package for Australians including caps on coal and gas

Photo by: The Guardian

Treasury advised the PM and premiers not to deliver the rebates as cash handouts due to risk of fuelling inflationary pressure Canberra and the states have agreed to cap coal and gas prices, and provide additional rebates for Australians on low and middle incomes, as part of a $1.5bn intervention that will shave hundreds of dollars off power bills. After a national cabinet meeting on Friday, governments...

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