At the 2022 election, Labor's climate policy costings included a $275 reduction in average household energy bills by 2025. We're now in 2026. The Australian Energy Regulator's default market offer for 2025–26 is higher in every state than it was in 2022.
In Queensland, the DMO increased 20.8% in 2023, then a further 8.9% in 2024. The government's $300 energy rebate offset some of this — but that's a one-off payment, not a structural reduction in bills.
What are people actually paying? And what do you think went wrong with the modelling?