[Brad Lockyer]

The 2024-25 Federal Budget had lots of goodies for older Australians, including tax cuts, cheaper medicines and more aged care places.

But the promise that every Australian will be getting $300 off their energy bills had just about every commentator badgering Treasurer Jim Chalmers with variations of the same question: “why do millionaires and billionaires need $300”.

Mr Chalmers explained in his first post-Budget interview with the ABC’s Sarah Ferguson that wealthy Australians also have rising power bills – and that distributing the money to everyone was simpler than trying to means-test the payment.

“The [tax office] has tax information, but they have no arrangements to share that with energy retailers,” he said.

“We would have to change fundamentally the data-sharing arrangements, that would take time and money in order to do that.”

“The judgement that we made was that the most efficient way to give cost-of-living relief to people on low and fixed incomes, but also people on middle incomes … was to provide it to every household.”

[Pat]

as the saying goes “the richer get richer”

[Marten]

A definite NO, NO!!!

[Diogenes]

I Have no need of their $300 rebate. I will give it to the blind pensioner down the road who does it hard at times. I know as I have paid her power bills from time to time before. I prefer this rather than giving to the large charity organisations with all their administrative costs. I don’t care about any tax deduction, I know it will do more good if it goes directly to someone who needs it.

[Gary Eykhof]

How ironic the LNP start this subject when they were about to give huge Tax Cuts to the same People..they are the ones who really don’t care about the struggle,of living costs they, just go for political paints

[Gordon Nussey]

Billionsaires probably do not require the Domestic Power Rebate, but how do you exclude them ??
The only way is for the Tax Office to share Income levels with the Power Retailers, and then how many Australians would be happy with that arrangement, telling the Power Retailers exactly how much your taxable income is, or your total wealth ??
I know that I would not be happy with that !!!
Therefore, the only way to apply the Power Rebate is to apply it to every Domestic Power Account.

[Couldabeen]

Actually it would be a worry if the electricity retailers knew our individual values or that the ATO knew who our electricity retailer is.
It is only fair that everyone get a slice of the pie as at some point, everyone has paid or will pay tax in one form or another. (As it is everyone does pay tax almost every day, including on our electricity.)
And no, unless one performs a sleight of hand by cancelling out of one Provider Account leaving a credit that would then be paid out and then opening a new account with another retailer, we do not receive any cash benefit from this grant.
It goes to the Electricity provider who then applies it to all domestic accounts as a credit against future costs. No cash in hand, only less of a Bill next time until the credit is exhausted,

[soarer129]

YES as they are taxpayers and Australian and i am nowhere near millionaire status

[Author]

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