Austria: Cost of energy for households will increase in 2025

The new year will bring higher gas and electricity bills. The main reasons for this are higher grid costs and the fact that from January, the levies, which were reduced to a minimum during the energy crisis, will once again apply in full. The expiry of the electricity price cap on December 31, 22024, may also lead to higher costs. Household energy bills will rise by several hundred euros a year, depending on the province and energy consumption. Electricity charges for households are expected to rise by an average of…

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Austria: Ministry of Finance warns: Beware of this e-mail!

On Saturday, the Federal Ministry of Finance (BMF) once again warned about an email scam circulating: criminals are trying to obtain people’s personal data by sending messages in the ministry’s name. Specifically, potential victims are led to believe that they will receive a 500-euro refund but will have to disclose their credit card details to do so. Links then lead to fake websites in the FinanzOnline style. The ministry stated that the e-mails with the subject “The processing of your refund has begun” are fake. It also said the requests…

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2025 will see income increases and higher pensions

Wages, salaries, and pensions will be adjusted again next year, measured as always against last year’s inflation. As a result, the increase in income in most major sectors will be around four percent.The new collective agreement for the public sector will apply for the next two years. The agreement for the coming year provides for an average increase of 3.5 percent with social grading of a minimum of 82.40 euros and a maximum of 437.80 euros. An agreement was also reached for 2026, where a further 0.3 percent will be…

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