General
Electricity and gas bills racking up for consumers after COVID recession hit

Now JobKeeper’s done, Melbourne café owner Hamed Allahyari is worried.
Key points:
- Small business debt to energy retailers has increased by 22 per cent and residential debts by 32 per cent
- The total debt owed is around $200 million
- From August to March this year, 10, 000 customers across New South Wales, Queensland, South Australia, Tasmania and the territories were cut off from power
Some days are better than others but, overall, his takings are down by about half compared to life before COVID-19.
“If I don’t have JobKeeper, how do I pay my rent, how do I pay my expenses?”
One of his biggest expenses is gas and electricity, and the bills are piling up.
He is one of about 150,000 people in debt to their gas and electricity provider.
Since…
Continue Reading
-
Business23 hours ago
3 ASX 200 shares set to dominate the next decade
-
Business9 hours ago
3 of the best ASX shares to buy with $5,000
-
General22 hours ago
Wife of missing pilot David Stephens says the experienced pilot had plane recently inspected
-
General14 hours ago
Former Russian President Dmitry Medvedev issues warning over Ukraine escalation