Coalition is in a “difficult” spot with the energy cap legislation

Coalition is in a “difficult” spot with the energy cap legislation

‘DPG Advisory Solutions and Former Liberal Advisor David Gazard says the Coalition’s place is “difficult” as no Opposition would wish to “get in the way” of a voter’s pocket.

“You have to heavily intervene in the market and re-nationalise an industry that has put billions of dollars of investment in, and that introduces sovereign risk,” Mr Gazard stated.

“We all stand in favour of lower bills for families … who wouldn’t, but at what cost?

“I don’t think anyone quite knows what the shape of this legislation is tomorrow.”