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Flat White

What happened to Labor’s two big election promises?

21 January 2024

2:00 AM

21 January 2024

2:00 AM

The two most notable Labor promises before the May 2022 election involved ‘getting wages moving again’ and the promise to bring down electricity prices.

We heard them ad nauseam, yet it is worth quoting precisely what was said so that we can check on their progress.

Launching an energy policy at a press conference in December 2021, Albanese said that under him, ‘…Electricity prices [would] fall from the current level by $275 for household[s] by 2025…’

When questioned by a journalist whether he thinks the promise is feasible in such a short time, the Prime Minister replied: ‘I don’t think, I know.

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