Original article by Rosie Lewis
The Australian – Page: 4 : 16-Oct-19
Labor has agreed to support the federal government’s bill to force energy companies to divest assets if they fail to reduce electricity prices. However, Opposition Leader Anthony Albanese says the policy shift is not a backdown, as the proposed legislation has been changed significantly since it was rejected by the previous parliament. The government has agreed to some concessions sought by Labor in return for supporting the bill.
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AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FEDERAL COURT OF AUSTRALIA