Monday, 28 November 2022

Albanese government may need states to help with energy price cut amid ‘complex’ situation

It is expected Labor will adopt a suite of reforms to address an anticipated 56% increase in electricity prices * Follow our Australia news live blog for the latest updates * Get our morning and afternoon news emails, free app or daily news podcast The Albanese government could struggle to provide comprehensive energy price relief, unless the governments of New South Wales and Queensland cooperate with a plan to temporarily cap the wholesale price of coal. The energy minister, Chris Bowen, updated cabinet on Monday on the components of Labor’s long-telegraphed regulatory intervention in the energy sector. Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
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