Australia Told Power Bills Will Be a Challenge: Deputy PM

Deputy Leader of the Opposition Richard Marles addresses a media conference in the press gallery at Parliament House in Canberra, Australia, on Dec. 7, 2020. Sam Mooy/Getty Images

There’s no short-term solution to the pain of rising power bills for households already dealing with broader cost-of-living spikes, the federal government says.

Power retailers have been warning bills will rise from July in line with higher prices in wholesale energy markets.