One-year energy price cap eases burden for households

Households struggling with the cost of living should benefit from a 12-month scheme by the Albanese Government to cap energy prices. The $1.5bn federal support is good news for Australian households who’ve struggled paying their energy bills. The scheme offsets the increase to the Default Market Offer and the Victorian Default Offer. The only losers are the gas and coal wholesalers and people who don’t look for a better deal on their energy.