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ABC News
ABC News
Business
energy reporter Daniel Mercer

Albanese government staring at 'unpleasant choices' amid deepening energy price crisis

One of Australia's leading charities is imploring state and federal governments to shield poor and disadvantaged households from spiralling power prices, saying "scattergun" policies risked making the cost-of-living crisis worse.

Federal Treasurer Jim Chalmers revealed in his first budget on Tuesday that the government expected electricity prices to skyrocket 56 per cent in the next two years as turmoil in the wholesale market flowed through to consumers.

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