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  • 2 years ago
The treasurer's priority was to address the cost of living. The question is how it has been received. Many are thankful for some help paying energy bills, but others aren't satisfied particularly in terms of addressing housing costs.

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00:00 There are winners and losers every year.
00:05 There was nothing in the budget for rubble.
00:07 Rubble's owners, however, are among the millions of Australians desperate for relief from the cost of living crunch.
00:13 I don't think it's really going to fix the problems that we're all looking at.
00:17 At the centre of the budget's reprieve is $300 taken off every electricity bill in the country.
00:23 But don't expect cash in your pocket. $75 each quarter will instead be automatically deducted.
00:30 Crucial relief for some.
00:32 It's gone up about 20% of the bill from the last year.
00:38 But it doesn't matter what you earn, even those with holiday houses will save on each property's bill.
00:44 Gina Reinhart gets it too. No. No. Means test. How hard is that?
00:51 Consumer groups say more than half of Australians were worried they wouldn't be able to pay their power bills in the next three years.
00:58 While every household will receive the energy rebate, the main housing benefit announced last night will only go to those already receiving Commonwealth rental assistance.
01:08 Nearly a million Australian low-income households are eligible and the maximum rate will increase by 10%.
01:16 In North Melbourne, Ayushi Killen's rental costs $700 a week.
01:21 The PhD student doesn't qualify for government help and relies on her parents to make ends meet.
01:27 She would have liked to see more for those studying in the budget.
01:31 I wouldn't have needed to rely on my family which makes me feel so guilty.
01:35 If I had youth allowance it would have been such a relief off my shoulders.
01:39 With advertised rent surging more than 9% in the past year, she's not the only one wishing for a win.
01:46 for a win.
01:46 [BLANK_AUDIO]

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