Almost four million Australians will receive a one-off payment to help with the rising costs of their power bill.
Vulnerable and low-income households can expect to receive cash handouts of $75 for singles and $125 for couples.
Federal Treasurer Josh Frydenberg has promised that if the legislation passes, payments will be deposited into the bank accounts of about 3.9 million eligible Australians by the end of financial year.
Mr Frydenberg denied the measure was a “cash splash” describing the payments as “responsible, targeted spending”.
“This is money [that’s] going to go into people’s pockets to help meet the cost of their next power bill,” he told Channel Nine.
Those receiving the one-off energy cash handouts include 2.4 million people on age pensions, nearly 750,000 people on disability support pensions, carers and single parent payment recipients, as well as eligible veterans.
Over 3.9m Austs will receive a one-off Energy Assistance Payment to help with their next energy bill & cost of living.
— Josh Frydenberg (@JoshFrydenberg) March 30, 2019
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