Anthony Albanese and the Labor government are once again handing out crumbs to struggling Australians, this time in the form of a $150 rebate on power bills—on top of the $300 they gave last year. While any help is welcome, let’s be honest: these small bailouts do nothing to fix the root cause of skyrocketing electricity prices. In reality, they’re not for you or me at all. They’re a safety net for the power companies—AGL, Origin Energy, and the rest—who have no incentive to lower prices because they know the government will always step in to clean up the mess.
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