The Government has announced a $50 per week support package for working families in response to the fuel price surge that has resulted from the Iran conflict. Around 143,000 households will receive the payment through a boost to the in-work tax credit, with eligibility expanded to a further 14,000 families. It will cost up to $373 million if it runs for the full year. It will run for up to a year or until the price of petrol goes below $3/litre for four consecutive weeks.
