Nov 27, 2025 (The Australian Financial Review - ABIX via COMTEX) --
Treasurer Jim Chalmers recently indicated that the federal government has yet to decide whether to extend its electricity bill rebates beyond December 2025. The rebate was introduced in 2023 and extended by six months in the March budget. The expiry of state energy rebates contributed to the higher-than-expected 3.8 per cent headline inflation rate in the year to October. Economists have urged the government to end the rebates, contending that they have a distortionary impact on inflation and have cost the federal budget about $6.8bn to date. Challenger's chief economist Jonathan Kearns notes that rebates also risk lifting expectations of higher inflation; indeed, ANZ-Roy Morgan Inflation Expectations have risen to a two-year high..
Publication Date: 28 November 2025
AUSTRALIA. DEPT OF THE TREASURY
CHALLENGER LIMITED - ASX CGF
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ASX ANZ
ROY MORGAN LIMITED
COMTEX_470605333/2229/2025-11-27T16:19:54
By Luke Kinsella
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