PM urges state and territory leaders to agree to cooperative intervention to halt climbing electricity prices
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The prime minister, Anthony Albanese, has warned premiers and chief ministers that households and businesses will pay more for power, and manufacturers will go out of business, unless Canberra and the states and territories agree to a cooperative intervention in the energy market in the coming days.
With a national cabinet discussion looming on Wednesday, Albanese faced questions during a radio interview in Adelaide on Monday about the costs of the regulatory intervention, given the premiers are currently playing hardball.
Continue reading…PM urges state and territory leaders to agree to cooperative intervention to halt climbing electricity pricesFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe prime minister, Anthony Albanese, has warned premiers and chief ministers that households and businesses will pay more for power, and manufacturers will go out of business, unless Canberra and the states and territories agree to a cooperative intervention in the energy market in the coming days.With a national cabinet discussion looming on Wednesday, Albanese faced questions during a radio interview in Adelaide on Monday about the costs of the regulatory intervention, given the premiers are currently playing hardball.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…