Australia's Treasurer Blames Rising Prices on Fuel Costs and End of Energy Rebates
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Australia's treasurer, Jim Chalmers, has spoken about rising prices in the country. He said two main causes were behind the recent rise in inflation.
According to Chalmers, higher fuel costs pushed prices up. He also pointed to the end of government energy rebates, which had been helping households pay their electricity and gas bills.
A rebate is a payment or discount given by the government to reduce the cost of something. For a period, Australian households received rebates to lower their energy bills. Now that support has ended, and Chalmers said this contributed to higher inflation figures.
Inflation measures how much prices rise across an economy over time. When inflation is high, everyday costs like fuel, food and electricity become more expensive for ordinary people.
Separately, Greens senator Mehreen Faruqi commented on the outcome of a ballot, saying she was disappointed by the result.
A ballot is a vote used to choose a leader or decide an issue within a party or organisation. Faruqi is a well-known member of the Greens, an Australian political party focused on environmental and social issues.
The details of what exactly the ballot was about, or who won it, were not fully explained in the report. However, Faruqi's comment suggests the result did not go the way she had hoped.
Both stories were part of a live политical news blog covering events in Australia on the day. Live blogs are updated continuously and often mix several different topics, from economic policy to party politics.
Together, the updates highlight two separate pressures facing Australian politics: rising living costs affecting households, and internal party matters within the Greens.
Vocabulary10 words
- treasurer
- the top government official in charge of money
- inflation
- a general rise in prices over time
- fuel
- liquid or gas used to power cars and machines
- rebate
- money given back to lower the cost of a bill
- energy
- power such as electricity or gas used in homes
- ballot
- a vote taken to choose a leader or decision
- senator
- an elected member of a country's upper parliament
- household
- a home and the people living in it
- political party
- a group of people sharing similar political goals
- live blog
- a webpage updated continuously with fresh news
Quiz
Answer key
1. Fuel costs and the end of energy rebates 2. A payment or discount that lowers a bill 3. She said she was disappointed
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Australia's treasurer, Jim Chalmers, has spoken about rising _____ in the country.
He said two main causes were behind the recent rise in _____.
Higher _____ costs pushed prices up.
He also pointed to the end of government energy _____.
For a period, Australian households received rebates to lower their _____ bills.
Inflation measures how much prices rise across an _____ over time.
Greens senator Mehreen Faruqi commented on the outcome of a _____.
A ballot is a vote used to choose a _____ or decide an issue.
Faruqi is a well-known member of the _____.
Both stories were part of a live political news _____ covering events in Australia.
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