Former Labor minister Graham Richardson says the predicted energy price rise of 50 per cent in the next two years was “expected”.
“I don’t think that we’ve been shocked by it, but it is a shock and it’s something that’s going to hurt a lot of people,” he told Sky News Australia.
“It’s politically dangerous, and how it’s handled, how it pans out, will have a bigger effect on what happens in the next election.”
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