this post was submitted on 14 May 2024
26 points (96.4% liked)

Australia

3613 readers
58 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @[email protected] who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @[email protected] and @[email protected]

founded 1 year ago
MODERATORS
 

Let’s party!

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 6 months ago

I think for the short to medium term energy prices will continue to increase so this is where the rebates will help. The investments to renewable energy are happening but without a war time level effort it's going to take some time for that to translate to lower prices. And you could argue that people that don't qualify for welfare but are on low incomes should receive it too, and that it's simpler and perhaps even less costly to just give it to everyone (due to administration costs from targeting).

On the other hand, I could see all of this bill support disencouraging people from getting rooftop solar and home batteries, and it might have a small effect on inflation (particularly from the wealthy who are already feeling pretty willing to spend). Although it might push some people to electrify more of their home if prices are low, so that could counter that somewhat.