Prime Minister Anthony Albanese says businesses must not talk themselves down, as he believes gas companies will still make profits amid price caps.
“They have benefited from the global spike in prices,” Mr Albanese said at a press conference on Friday.
He said the government have chosen a “modest intervention” to ensure Australian manufacturers aren’t driven out of business as a “direct result of these high global prices”.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PM looking forward to downtime after 'pretty big year'Prime Minister Anthony Albanese has wrapped up a “big year” and expressed pride in his government for all it has achieved, including delivering on election promises since Labor was elected in May.
Read more »
PM's message to Macron over World CupThe Prime Minister has taken a dig at Scott Morrison as he revealed the conversation he had with Emmanuel Macron after France made the World Cup Final in Qatar.
Read more »
Gas sector needs to ‘be careful’ they aren’t ‘talking themselves down’ over gas price capPrime Minister Anthony Albanese says the gas sector needs to “be careful” they are not “talking themselves down” regarding concerns the government’s gas price cap could inhibit investment. “There are big opportunities for future investment, we welcome future investment, we need to deal with issues of supply,” Mr Albanese told Sky News Australia. “If you go there and you say this will inhibit investment, this will create issues for us going forward; then you are essentially talking down your industry.”
Read more »
‘With honour they served, may they rest in peace’: Albanese on Qld police shootingsPrime Minister Anthony Albanese says the Wieambilla police shootings in Queensland “shocked our nation” and was a “senseless atrocity”. Mr Albanese said “with honour they served, may they rest in peace” in an address to Parliament on Thursday. “A day of warmth, under that big blue sky, a day of peace, instead that quiet was shattered by the gunfire of an atrocity,” Mr Albanese said. “A vicious and deadly ambush that has stolen lives, broken hearts, devastated a community and shocked our nation. “Police officers in regional Australia are servants of the community and they’re part of its fabric. “Locals have been saddened by these deaths and shocked by such a senseless atrocity.”
Read more »
Gas price caps and Albanese siding with workers is ‘to be expected’ from a Labor govtFormer Labor Advisor Eamonn Fitzpatrick says the pushback from the gas producers as Prime Minister Anthony Albanese sides with families to keep prices down is all “to be expected” from a Labor government. “Every single test that has been set for this Prime Minster, and this government has absolutely passed with flying colours,” Mr Fitzpatrick said. “This is a really welcome set of circumstances. “The gas companies have been on notice for a long time.”
Read more »