💨 Abstract

Australia's federal budget, to be announced this week, includes a $1.8 billion extension to a scheme aimed at reducing energy bills for households and small businesses. The move is part of efforts by the Labor government to tackle inflation and address rising living costs, ahead of a closely-fought general election due by May. The government's political opposition, the conservative Liberal-National coalition, has announced they will not oppose the scheme's extension.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖