Australia’s newly elected government is facing a perfect storm, with rising inflation, food shortages, higher interest rates and now an energy crisis.
The national market operator has seized control of the energy market in an unprecedented intervention to avoid the prospect of widespread power outages.
All parties have warned prices are still set to soar in the coming months.
Al Jazeera’s Sarah Clarke reports from Brisbane, Australia.
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The national market operator has seized control of the energy market in an unprecedented intervention to avoid the prospect of widespread power outages.
All parties have warned prices are still set to soar in the coming months.
Al Jazeera’s Sarah Clarke reports from Brisbane, Australia.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#Australia #AustraliaEnergyCrisis #AljazeeraEnglish
- Category
- World
- Tags
- Australia, Australia blackouts, Australia economy
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