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The New Daily
The New Daily
Matthew Elmas

Downturn budget won’t ‘spray cash’ on bill relief despite $114b boost

Power prices predicted to skyrocket in 2023 10 News First – Disclaimer

The federal government is awash with $114 billion in new revenue, but Australians hoping the windfall will be spent on additional relief from the cost-of-living crisis are going to be disappointed.

Households are suffering under soaring grocery bills and spikes of up to $520 in annual energy bills as inflation hurtles towards a 30-year high.

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