“Apocalyptic” energy prices are testing the new Australian government with Prime Minister Anthony Albanese conceding there is little the federal government can do to alleviate the burgeoning crisis which has hit amid a winter polar vortex.
Speaking to ABC Radio in Perth on June 3, Albanese blamed the current challenges of the local gas sector—which has raised wholesale prices dramatically—on global circumstances and the former Coalition government.
“The short-term challenges, the immediate challenges which are there are a product of things beyond any government’s control, with regard to what has occurred with Russia and Ukraine, and the consequential significant hike in global prices are beyond people’s control,” he said….