To help people manage their household budget better and prevent the likelihood of quarterly bill shock, Origin Energy has announced it is switching eligible electricity accounts from quarterly to monthly billing cycles in Victoria.
Starting from next month, NSW residents can expect their electricity bills to increase by up to $35 each year. The news comes after the Australian Energy Regulator (AER) gave its nod to a 1.5% increase in network charges from July 1.
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It’s everybody's favourite time of year again - the season for scrambling through poorly filed receipts, placing confused calls to your accountant and debating with yourself whether or not that lobster dinner was really a business expense.
Speculation about a potential rate drop in the lead up to this month’s RBA announcement has proved correct, as Reserve Bank interest rates were slashed to 1.75%.