Almost 80 per cent of voters back energy price caps to tackle soaring bills, polling has found, as the states push back against the plan over lost royalties.
Australians have strongly backed the idea of imposing price caps on energy companies to tackle the soaring cost of electricity and gas, with 79 per cent of voters in favour of the approach despite warnings from state premiers about the impact on their budgets.
Prime Minister Anthony Albanese was aiming to impose tougher rules on the energy sector this week with support from state premiers, only to have his plans derailed when heon Monday night and had to postpone a national cabinet meeting scheduled for Wednesday. Asked about price caps on coal, 57 per cent of voters were in favour of the idea and 36 per cent were opposed, with the remainder undecided.
“The gain for Labor on this one since the May track, when they held a lead of two points, is the smallest gain on any positioning in the survey,” he said. Concern about utility bills was named by 44 per cent, followed by the cost of buying a home, named by 17 per cent. Respondents were asked to choose two options including buying a home, renting a home, utility bills, insurance costs, the cost of running a car, grocery bills and school and university fees.
With energy companies relying heavily on coal to generate electricity, the federal ministers expanded their options in recent weeks to consider action on coal exports and prices in order to guarantee affordable energy in the domestic market.
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