Sweeping aside divisions within caucus – and cabinet – and the threat of a broader split, never mind the threat of a well-resourced campaign from the mining lobby, Prime Minister Anthony Albanese has ultimately stepped in for consumers on energy, but limited the fallout to industry.
One person familiar with national cabinet negotiations ahead of Friday’s meeting said the Albanese government was urging NSW and Queensland to implement a cap on the domestic coal price of $125 a tonne.
