A quarter of Australia’s eligible voters can expect a one-off payment to help cover the cost of power bills in Tuesday’s federal Budget.
An Energy Assistance Payment — $75 for singles and $125 for couples — will be paid into the bank accounts of 3.9 million veterans, carers, single parents, aged pensioners and people receiving the disability support pension before July, News Corp reports.
Treasurer Josh Frydenberg said it would particularly support older people on the age pension.
He said the government understood cost-of-living pressures were a real challenge for many.
“This is why we have worked hard to deliver a strong economy and a balanced budget so we can deliver this assistance,” he told News Corp.
The measure, first put to Cabinet by then prime minister Malcolm Turnbull last August, will cost $285 million.
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