Australian Treasury
The Albanese Government’s 10‑point cost‑of‑living plan ramps up today, with billions of dollars of cost‑of‑living relief being rolled out to Australian households and small businesses in November – relief that Australian Bureau of Statistics data confirmed is taking half a percentage point off inflation.
Additional cost‑of‑living relief which will roll out this month, includes:
- Tripling of the bulk billing incentive to make it cheaper and easier to see a GP begins today – enabling more than 11 million young and low‑income Australians to access a GP with no out‑of‑pocket costs
- Further instalments of energy rebates in November – which benefit eligible households by up to $500 and small businesses by up to $650 in total per year, and are credited to power bills throughout the year
- Commencement of the Housing Australia Future Fund – supporting delivery of 20,000 social homes and 10,000 affordable homes across the country
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