I think for the short to medium term energy prices will continue to increase so this is where the rebates will help. The investments to renewable energy are happening but without a war time level effort it’s going to take some time for that to translate to lower prices. And you could argue that people that don’t qualify for welfare but are on low incomes should receive it too, and that it’s simpler and perhaps even less costly to just give it to everyone (due to administration costs from targeting).
On the other hand, I could see all of this bill support disencouraging people from getting rooftop solar and home batteries, and it might have a small effect on inflation (particularly from the wealthy who are already feeling pretty willing to spend). Although it might push some people to electrify more of their home if prices are low, so that could counter that somewhat.
Salvo@aussie.zone 5 months ago
Also corporate welfare. All rent assistance and energy rebates are going to do is drive up the prices.
Exactly the same thing happened with Home Owners Grants; we went from being able to purchase an entry-level house and land for 2 years worth of wages to having to save for 5 years just to have a deposit.
vividspecter@lemm.ee 5 months ago
I don’t think enough people are on rent assistance to meaningfully impact inflation (and the maximum amount is quite low even with the increase). I see it more as a politically expedient way to give a small increase to the welfare payments, since it’s an easier sell to people who hate “dole bludgers” (even if the effect is mostly the same) and most people on the payments are renters.
Salvo@aussie.zone 5 months ago
There are enough people who own rentals who will be running their hands together and grinning maniacally. They have been cranking up their tenants rent to cover their interest rates increases, and now that their tenants are government funded, they can increase rents even more!
Rent assistance claims to be welfare for people who can’t afford to buy their own home, it is actually just welfare for landlords.