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AAP
AAP
Politics
Andrew Brown

Price cap, bill relief target energy rise

The bill relief will not be in cash handouts to protect inflation levels, says Anthony Albanese. (Dan Himbrechts/AAP PHOTOS) (AAP)

Financial support will flow through to households and businesses early next year to deal with rising power prices, following an agreement at national cabinet.

The federal government will provide $1.5 billion in energy bill relief that will be paid for by state and territory governments, and will start in the second quarter of 2023.

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