The government will announce the new cost-of-living package on Tuesday.
It's expected to alter or end a number of the measures contained in the package announced last September.
The lower VAT rate for the hospitality sector and the excise cuts on petrol and diesel look set to be axed.
With only two days to go until the government provides an update on the cost-of-living supports, speculation is growing on what measures will continue into next month.
An additional child welfare payment is on the cards, as families continue to struggle with mounting bills.
An energy rebate is also expected to be announced.
The government is set to expand the energy support scheme for struggling businesses.
However, the public can expect some blows in terms of fuel costs and the VAT rate. The hospitality sector will likely see VAT charges jump from 9 per cent to 13.5 per cent.
Further doubling of other core welfare payments are also under consideration but no decision has been made.
