Chalmers concedes energy rebates must end

Original article by Rhiannon Down
The Australian – Page: 7 : 21-May-25

Treasurer Jim Chalmers has refused to rule out extending the federal government’s energy rebate for a third time. However, he acknowledges that the government is aware that the $6.8bn rebate must end at some stage, which is why it has been extended for just six months rather than a year. Independent economist Chris Richardson says the rebate is "bad policy" and the money should have been used to reduce the structural deficit and increase unemployment benefits. Professor Bob Breunig from the Australian National University agrees that the rebate should not be extended beyond 2025, arguing that such subsidies tend to be inflationary.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN NATIONAL UNIVERSITY

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