Battlelines: Malcolm Turnbull warns of soaring electricity prices under Labor

Malcolm Turnbull.

Soaring electricity prices under Labor's green energy agenda, a new attempt to legislate "job-creating" company tax cuts, and new savings to fund more affordable childcare are shaping as key government battlelines in the political contest this year as Malcolm Turnbull prepares to outline his strategy on Wednesday.

The Prime Minister, under growing pressure from voter disaffection and simmering discontent on his right flank, will unveil his objectives for 2017 at the National Press Club in Canberra, hoping to regain the political initiative, silence internal critics, and lay bare the dangers to growth and household budgets of the Labor alternative.

Read Mark Kenny’s story in today’s Melbourne Age - “Battlelines: Malcolm Turnbull warns of soaring electricity prices under Labor.”

(Malcolm Turnbull has a rather lopsided view of power costs, measuring them in immediate economic terms and ignoring the undeniable medium and longer term social and economic costs arising from fossil fuels. The short-term economic costs of renewable energy may well be higher than what is available through fossil fuel powered electric generators, but renewable power will be vastly cheaper, economically and socially, over the medium to longer term – Robert McLean).