Cash payment rebates on the cards as power price woes continue

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Cash payment rebates on the cards as power price woes continue
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The federal government is refusing to rule out cash rebates as pricey power bills mount on Australian households. 7NEWS

The price of gas is forecast to rise by 40 per cent and power bills by 56 per cent, meaning capping the price of gas could drive those figures down.

“You can go down the path of tax, you can go down the path of direct support to households, we don’t want to rule out those kinds of options, but our immediate focus is on the regulatory side.”While the code had been concerned with supply levels of gas, the treasurer said it could also extend to prices.

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