News live: Coalition ‘won’t stand in the way’ of L... The Guardian

News live: Coalition ‘won’t stand in the way’ of Labor’s $150 energy rebates; US cuts research funding from Australian universities

Source: The Guardian | Published: March 22, 2025, 11:41 p.m.

From July 1 households and small businesses will see rebates automatically applied to their electricity bills. Follow today’s news live

Angus Taylor calls Labor’s energy bill rebate ‘Band-Aid on a bullet wound’

The shadow treasurer, Angus Taylor, also says the Coalition will not “get in the way” of the government’s $150 energy rebate, announced last night.

We’re not going to get in the way of it. The starting point here though is very clear which is Labor’s failed on delivering its promise of a $275 power price reduction.

We’re not going to stand in the way of Labor cleaning up their own mess. This is putting a Band-Aid on a bullet wound. The solution here is to get a structural outcome which is a reduction in underlying electricity prices, which has not been achieved, of course. It’s gone the other way.

They are both supplied by the US with little to no sovereign input, are expensive and outdated. Like Aukus, this equipment is much more about signalling our loyalty to the US than defending Australia.

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