Daniel Andrews announces $250 payment to help ease cost of living pressures

Victoria’s funds will embrace a $250 cost for each family that seeks out a greater energy deal, together with measures to ease price of dwelling pressures and billions of dollars for well being companies, the premier, Daniel Andrews, has revealed.

From 1 July till June 2023, households that go surfing to the federal government’s Power Evaluate web site will get a $250 one-off cost, with the federal government committing $250m for the scheme in Tuesday’s funds.

On Monday, Andrews mentioned the funds will embrace additional “sensible, commonsense initiatives” to take care of price of dwelling pressures, together with an anticipated rate of interest rise and hovering gasoline and meals prices due to inflation.

However the centrepiece of the funds will probably be a “large funding in well being and hospitals to restore the injury that [the] pandemic has finished”, he mentioned.

“Tomorrow’s complete pandemic restore plan will probably be all about extra nurses, extra ambos, higher care and catching up on care that would not be delivered due to Covid,” Andrews mentioned.

He mentioned the funds will deal with points similar to elective surgical procedure delays and deferred GP care, which specialists say is resulting in elevated emergency division shows.

In response to authorities figures launched on Saturday, there are 89,611 Victorians on the waitlist for elective surgical procedure, together with about 2,700 of essentially the most pressing class one sufferers.

Andrews once more referred to as on whichever facet wins the federal election on 21 Could to proceed to pay for half of the price of working state hospitals.

“Regardless of who [wins] the federal election, I'll at all times argue, along with my first minister colleagues and we're very united on this, that well being is core enterprise and we'd like as a nation to fund this correctly,” he mentioned.

The commonwealth has for years contributed 45% of hospital funding, in addition to inserting a funding cap when development is above 6.5%. It lifted this to 50% throughout the pandemic however that association is to finish in September.

Andrews mentioned this resolution would price the nation about $5bn, together with $1.5bn in Victoria.

“That’s equal to the amount of cash we’re spending on the most important reform and enhance to elective surgical procedure that our state has ever seen,” he mentioned.

Asserting the $250 funds for individuals who go surfing to the Power Evaluate web site, Andrews mentioned seven out of 10 households might go on to avoid wasting a mean of $330 annually by switching suppliers.

“Between the common financial savings and the bonus, [that’s] nearly $600 in your pocket that in any other case wouldn’t be there,” he mentioned.

“There’s a number of discuss price of dwelling, however this can be a sensible motion to make the power market work for working folks.”

He mentioned this could assist mitigate the impression of “large power corporations, who usually commerce off the truth that individuals are too busy … [and] don’t store round”.

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The brand new announcement is much like the $250 energy saving bonus, included within the 2020/21 funds, which inspired pensioners and concession card holders to hunt a greater energy deal. There was additionally a $50 bonus launched within the 2018/19 funds for each Victorian family that used the Power Evaluate web site.

Andrews mentioned households which have beforehand claimed these funds may also be eligible for this new one.

Whereas the premier wouldn't converse to the state’s fiscal scenario earlier than the funds, he defended the debt invoice, which in response to the December funds replace will hit $104.5bn, or 21.1% of gross state product by June this 12 months.

“We used the state funds to guard and safeguard family budgets. We make no apology for that,” he mentioned.

He mentioned the state would develop quite than minimize its means again in direction of a balanced funds with investments in hospitals, colleges, TAFE, street and rail initiatives.

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