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The New Daily
The New Daily
Matthew Elmas

July 1 changes: Power bills to soar and minimum wage to rise in new financial year

Minimum Wage PBS Centrelink Telstra
Power bills are set to soar once July 1 increases are applied. Photo: TND

The end of the financial year is upon us, and as usual there’s a raft of changes coming on July 1.

Everything from medicine subsidies and power bills to minimum wage rates and superannuation payments are changing on Friday, with cost-of-living payments also on the way for pensioners and other income-support recipients.

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