Singapore’s carbon tax has nearly doubled, jumping from $25 to $45 per tonne, and that change is starting to show up where it matters most: household utility bills. The average four-room HDB flat could soon pay more each month, even if falling energy prices are offering short-term relief.

With rebates in place for now but bigger hikes ahead, what does this really mean for your wallet, and are Singaporeans ready for the long-term impact?

On The Big Story, Hongbin Jeong speaks to Dr Chua Yeow Hwee, Assistant Professor in Economics at the Nanyang Technological University, and Honorary Secretary of the Economics Society of Singapore, to find out more.

Singapore&rsquo;s carbon tax has nearly doubled, jumping from $25 to $45 per tonne, and that change is starting to show up where it matters most: household utility bills. The average four-room HDB flat could soon pay more each month, even if falling energy prices are offering short-term relief. With rebates in place for now but bigger hikes ahead, what does this really mean for your wallet, and are Singaporeans ready for the long-term impact?
On The Big Story, Hongbin Jeong speaks to Dr Chua Yeow Hwee, Assistant Professor in Economics at the Nanyang Technological University, and Honorary Secretary of the Economics Society of Singapore, to find out more.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.