Every time global oil and gas prices spike, Australians pay more at the pump, supermarket and on their mortgage.

When global oil and gas prices rise, it doesn't just impact your energy bills. Higher fossil fuel costs flow through to transport, food and construction - driving up costs for businesses, and causing inflation across the board.

Higher inflation means interest rates go up, and higher interest rates mean you pay more on your mortgage.

There is a better way. We can stop relying on risky oil and gas by moving to electric options like EVs and induction cooking powered by clean, stable, renewable energy like solar and wind.

In the federal Budget, coming up in May, the Prime Minister and Treasurer could begin accelerating the clean energy transition by boosting renewables, cutting fossil fuel subsidies, protecting household electrification incentives, and ensuring gas companies pay their fair share. Over time, this will mean lower and more stable household costs.