News Alert: The Australian Government has announced that it will provide up to $500 in relief on power bills to one million businesses and five million households as part of its upcoming budget. Treasurer Jim Chalmers shared this information with the ABC.
The move comes as residents in the Hunter region, located in New South Wales, have been facing record high electricity prices in recent months. The cost of electricity has been a major concern for many households and businesses in the region, which is known for its heavy reliance on the energy industry. The relief measure is expected to provide much-needed assistance to those struggling with high power bills.
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