When you will finally get some relief from skyrocketing power prices trends now
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Australians hoping a deal between federal and state leaders would slash power prices for Christmas could be disappointed after the Treasurer conceded relief might not flow until mid-next year.
The federal government is hopeful it can broker a deal on the energy crisis after it asked the states to cap the price of coal at less than half the market price.
But on Thursday morning, Jim Chalmers confirmed leaders had yet to reach an agreement ahead of Friday's virtual meeting of national cabinet.
'This is a challenge of such complexity and of such consequence for industry and for Australians around the country that it needs to be a genuine partnership between governments,' he told ABC's RN.
Treasurer Jim Chalmers has confirmed a deal on the energy crisis had yet to be reached
The issue of compensation for lost coal royalties, which have