There’s no short-term solution to the pain of rising power bills for households already dealing with broader cost-of-living spikes, the federal government says.
Power retailers have been warning bills will rise from July in line with higher prices in wholesale energy markets.
Deputy Prime Minister Richard Marles has acknowledged energy costs were going to be a real challenge for families.
“We’ve got a cost-of-living crisis in this country … and we have got a real issue with power prices,” he told the Nine Network on Wednesday.
“That’s the legacy of having had a decade under the Liberals where they haven’t had a consistent energy policy.”…