NATIONAL cabinet has endorsed a federal government proposal to cap the price of coal at $125 per tonne temporarily after it agreed to pay $1.5 billion in targeted subsidies to households and businesses and pay compensation to New South Wales and Queensland governments for foregone royalties.
Prime Minister Anthony Albanese said the agreement at the national cabinet was a way forward to provide energy price relief.
Prime Minister Anthony Albanese said after the meeting that the agreement at the national cabinet was a way forward to provide energy price relief for household and for businesses. Queensland will use...
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