Cost Of Living Relief Measures Beginning 1 July

By Senator Jana Stewart's Office: (03) 9070 1920

03 July 2024

Senator Jana Stewart
Mutthi Mutthi and Wamba Wamba
Labor Senator for Victoria

 

The Albanese Labor Government is providing vital cost of living relief for all Australians from 1 July 2024.  

 

The Albanese government recognises that many Australians are doing it tough. That’s why we’re delivering targeted cost of living relief right now, while working to tackle inflation and deliver a Future Made in Australia. 

 

From 1 July, the Government is delivering: 

 

  • A tax cut for every Australian taxpayer; 
  • $300 energy bill relief for every Australian household and $325 for small businesses; 
  • A freeze on the cost of PBS medicines for every Australian; 
  • More funding to build more homes in every part of the country.

 

This comes on top of a third consecutive pay rise for 2.6 million workers, backed by this Government; over 28,000 businesses and households who have received a major connectivity boost; and the thousands of households across our state who will benefit from an additional 10% increase to Rent Assistance. 

 

It builds on cost of living measures the Government has already delivered, such as cheaper child care, fee-free TAFE and the biggest investment ever in expanding bulk-billing. 

 

Quotes attributable to Senator Jana Stewart 

 

‘We know that Victorians are under pressure right now’. 

 

‘That’s why the Albanese Labor Government is delivering this help now, while delivering on our responsible economic plan to fight inflation and invest in future growth’. 

 

‘I know there’s still more to do and I’ll keep working every day to deliver for the people of Victoria’.