06 November 2018

Energy stressed in Australia

This research investigated the burden of electricity and gas costs for a range of household types in Australia between 2008 and 2018. It found that the lowest income households are paying disproportionately more of their income on energy than the national average; spending more than 10% of their incomes on spiralling energy costs. Combined with the current housing affordability crisis, low wage inflation, long-term unemployment and job availability, with only one job for every eight people looking for paid work; higher energy costs have had serious consequences for some households. The research found that some are going without heating and cooling, meals, and other basic essentials in order to pay their energy bills. The authors noted that the price of electricity in Australia had increased by 76% in real terms, in the last decade.