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Energy rebate extension uncertain as Aussie families feel the pinch

10 News First · Just In
10 News First
10 News First
Just In

A new Salvation Army survey shows nearly one in three Australians can’t afford Christmas gifts as rising rents, mortgages, and utilities strain budgets. The government faces pressure to extend the energy rebate, now under review ahead of the pre-Christmas budget update.

Breakdown
  • A Salvation Army survey found 30% of Australians cannot afford Christmas presents for their children. 12s
  • Rent, mortgage, and utility bills are the main sources of financial stress for households. 21s
  • 28% of small businesses surveyed considered closing in the past year due to rising costs and red tape. 42s
  • The federal government's $75 quarterly energy rebate is set to end at the end of the year, with a decision on extension pending. 1m 3s
  • A decision on continuing the energy rebate is expected in the next budget update before Christmas. 1m 41s
PoliticsEconomy