Federal budget 2024 – winners and losers summary

While everyone’s a winner with the energy rebate, which applies to every household, there are certainly some losers

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In providing $300 in savings to everyone’s energy bill, the Albanese government is hoping everyone considers themselves a winner with its 2024 budget.

While the energy bill relief is being framed as a rebate, it applies to every household and will be automatically credited to electricity bills, essentially making it a cash handout for everyone that is part of a broader rebate program that will cost the government $3.5bn over three years.

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