SBS Punjabi

Winter bites as soaring energy prices boost cost-of-living woes

SBS Punjabi

Snow covered hills are seen behind Parliament House in Canberra, Wednesday, June 1, 2022. (AAP Image/Lukas Coch) NO ARCHIVING

Snow covered hills are seen behind Parliament House in Canberra Source: AAP


Published 14 June 2022 at 10:14am
By Krishani Dhanji
Presented by Jasdeep Kaur
Source: SBS

Rising energy prices are affecting households and businesses but even after a meeting between state and federal energy ministers, the consensus remains - there's no quick fix. The government has announced several measures to mitigate future crises, but it's unlikely to help those who are struggling now as.


Published 14 June 2022 at 10:14am
By Krishani Dhanji
Presented by Jasdeep Kaur
Source: SBS


Rising bills and food shortages are seeing many go without the essentials, as a cold winter takes hold.

Even fast-food brand K-F-C says it's being forced to use cabbage while lettuce crops run short, and prices rise sharply.

Along with rising inflation and interest rates, the cost of living has increased dramatically, and many are feeling the pinch.

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Ken Irvine is a greengrocer in Canberra and says he's never seen the situation this bad.

The rising energy prices have been fueled by gas shortages, made worse by the war in Ukraine, and a series of outages at coal-fired power plans have made the situation dire.

With a freezing start to the winter, it's leaving many worried they won't be able to afford to make it through the season.

The Australian Energy Market Operator (AEMO) will have the ability to buy and store gas, and release it during future shortages.

But Minister Chris Bowen says there's no fixed date for when the Operator will be able to use that power.

When asked whether Labor might offer people cash payments to help pay the bills, Chris Bowen says the major cost-of-living relief measures will be in the budget later this year.

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