Cabinet ministers rejected a $1.6 billion plan to cut power bills for thousands of Australians in the days before a Liberal Party brawl on energy policy that helped bring down Malcolm Turnbull.
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| Energy policy and power affordability played a role in Malcolm Turnbull's demise as prime minister. |
Fairfax Media can reveal the Coalition government had drafted plans for a one-off bonus to help pensioners and others in financial stress pay their electricity bills, in a bid to demonstrate stronger action on power prices alongside tougher consumer laws.
Mr Turnbull put the plan to federal cabinet in early August at the same time he was trying to shore up support for the National Energy Guarantee against threats from Tony Abbott and others to cross the floor.
In a crucial decision, cabinet members rejected the plan to lower power bills and left the government without new measures to address household energy costs in the face of the backbench revolt over the NEG.
Read the story from The Age by David Crowe - “Cabinet ministers rejected Turnbull's $1.6 billion plan to cut power bills before leadership implosion.”
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