Three-quarters of NSW households face paying hundreds of dollars more for electricity this financial year after EnergyAustralia became the third power giant to dramatically hike NSW prices.

After the Reserve Bank of Australia jacked up interest rates by 0.5 percentage points in consecutive months for the first time on record, homeowners are being warned to brace for a three-peat in August.

Prime Minister Anthony Albanese will have spent more time overseas in his first eight weeks in office than John Howard did in his first year.

Water-battered residents are facing yet another heart-breaking clean-up, amid warnings the treacherous ­weather system which has inundated NSW hasn’t finished yet.