Opinion
Why economists hate the $300 energy rebate
This is a budget that acknowledges the government is facing a mountain of problems that cannot be solved any time soon.
Laura TingleColumnistThe task of successfully landing a budget in a weak economy, in which you are also trying to wrestle inflation down, is not easy economically. And it is even harder if you bring politics into it.
Much of the headline economic and political success of Jim Chalmers’ third budget rests on just one measure: a decision a lot of economists will hate and which gives every household a $300 rebate on their energy bills.
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