Australia news LIVE: Labor’s energy bill set to pass after Greens deal; Scott Morrison concedes robo-debt scheme was illegal
Gas companies have made a last-ditch attempt to win concessions from the Albanese government over its contentious energy price bill, which is now certain to pass the parliament later today after the Greens guaranteed their support.
In a move designed to wedge the Coalition, the government will use a single bill to legislate a 12-month gas price cap of $12 a gigajoule, create a framework for a mandatory code of conduct for gas companies, and authorise $1.5 billion for power subsidies for households and small businesses.
Energy Minister Chris Bowen announced yesterday afternoon that the government had secured the passage of the bill, locking in the support of the Greens in the Senate by promising a “significant package” of measures in next year’s federal budget to help households and businesses to switch from gas to electric appliances.
The deal will provide subsidies for low-income households to allow them to replace old gas heaters, stoves and other appliances and will also look at support for small businesses to upgrade.
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