Australian households set to receive $1.5 billion in energy bill relief after law passed

The federal government's energy relief bill has passed both houses of Parliament. The legislation includes a 1-point-5 billion dollar household assistance package and a temporary cap on gas prices. The threat of market intervention is already having an impact on suppliers.

Independent Senator David Pocock (right) speaks to the Deputy Leader of the Government in the Senate Katy Gallagher during a debate on the energy price relief bill in the Senate chamber at Parliament House in Canberra, Thursday, December 15, 2022. Source: AAP / LUKAS COCH/AAPIMAGE