Bolt: Albo just regifting your cash in $150 cut to power bills con

Don’t be fooled by Albo’s latest cost-of-living con that promises to save you $150 on your power bills – Labor is literally just taking your money then handing it back to you and expecting you to be thankful.

Anthony Albanese’s latest promise is more proof of the most bizarre and depressing election campaign ever held in this country. Picture: Damian Shaw

Anthony Albanese’s big weekend promise is more proof of the most bizarre and depressing election campaign ever held in this country.

“Labor will take another $150 right off your power bills,” the Prime Minister declared.

Er, no, it won’t.

Our power bills actually keep soaring. Albanese is just promising you a handout to ease some – only some – of that pain.

And who’s paying for it?

Why, you, of course. It’s your own money he’s “giving” you. It’s the same way he’s “compensating” you for higher house prices and rentals.

Labor is literally taking your money and then handing it back to you, hoping you’ll thank it. No wonder we’ve never paid so much of our income in tax.

But that’s not the worst of this con, let alone the only example of it.

The latest ‘handout’ is to compensate you for the astonishing failure of Labor’s global warming scheme. Picture: Dan Peled

This handout is to compensate you for the astonishing failure of Labor’s global warming scheme to destroy our coal-fired power system and replace it with expensive and unreliable wind and solar, backed by technologies that don’t exist or are failing.

Labor claimed this would cut household electricity bills by $275 a year. Instead, bills have soared by hundreds of dollars on average, and up to $1000 for some.

That’s because the government has stuffed up spectacularly. Its plans for green hydrogen have collapsed. Its planned offshore wind farms are almost all stalled. Its rollout of new wind and solar farms are running way behind. Its rollout of transmission wires to hook them all up is also behind and over budget.

So Albanese’s handout is fake compensation to hide extraordinary incompetence. He’s taking your money and handing it back as compensation for Labor making your electricity more expensive by mad global warming schemes that wouldn’t stop global warming anyway.

Now for the even worse news: this insanity has become the Labor way of hiding its mismanagement.

First bugger it up, then compensate us with our own money and boast that Labor is saving us. Vote Labor!

Take the government’s other big pre-budget announcement a couple of days ago. It will help a lucky 2500 low-income Australians a year – no more! – to buy their first home by chipping in 40 per cent of the price if it’s new or 30 per cent if it’s an existing one. The government keeps the equity.

This is just another fake fix. It means taxpayers must now pay not just for their own homes but for a share of the homes of those 2500 Australians a year, who – armed with this government cash – will bid up housing prices for everyone else.

Once again, it’s a handout to mask gross incompetence, as with the extra Commonwealth Rent Assistance the government is also giving.

The Albanese government’s massive spending has also fuelled inflation.

This housing crisis is in fact another Albanese government disaster. The government so bungled our immigration policies that we’re increasing our population by an astonishing 1.8 per cent a year – three times the average for advanced economies, according to the OECD.

It’s no surprise house prices have soared. Under this government, we’re adding 1000 immigrants a day. Add the children born here and our population is skyrocketing by 1512 people every single day, although we’re building only 450 homes a day for them and to replace old homes.

On it goes. The Albanese government’s massive spending has also fuelled inflation. To “fix” it for pensioners, the government is increasing pensions – but by just a lousy $2.30 a week for a single person.

What’s more, to blind us to the real causes of this inflation, the government blamed supermarkets for rising grocery bills.

It paid the Australian Competition & Consumer Commission $30m for a “crackdown on misleading and deceptive pricing practices and unconscionable conduct in the supermarket and retail sector”. But, oops! The ACCC last week, having spent our $30m, admitted it couldn’t prove any price-gouging by supermarkets and there were no super-profits driving up prices.

It’s that Labor way again: spending more of your money on a scam to blame supermarkets for price rises that are its own fault as it drives living standards lower and lower.

More fool Australia if voters fall for it, and thank Labor for saving them from the squeeze by giving them these handouts.

That’s like thanking burglars who trashed your house and now pay you back with money they pinch from your wallet.

But that, incredibly, is official government policy today in a country that – big surprise – gets poorer by the year.