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ABC News
ABC News
Business
political reporter Stephanie Dalzell

Anthony Albanese urges national cabinet to endorse unprecedented intervention to cap coal and gas prices

Prime Minister Anthony Albanese will seek to use today's national cabinet meeting to strike a deal with the states and territories to curb skyrocketing energy prices, as pressure mounts on the federal government to urgently intervene in the market.

The nation's leaders will meet virtually on Friday afternoon, with time running out for the federal government to unveil the details of its proposed market intervention before its Christmas deadline.

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