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Australia politics live: boom in home batteries means fewer new transmission lines will be needed, models show

Aemo modelling shows electricity use will nearly double by 2050. Follow today’s news live

Anthony Albanese will address the Committee for Economic Development of Australia summit in Canberra today, insisting Labor’s appetite for tough political reforms will help restore trust in government.

Amid a surge in support for Pauline Hanson and One Nation, Albanese will argue tax reform and measures to address housing shortages around the country is difficult but necessary.

The easy political option in that situation is to kick the can down the road. To try and explain away, or work around, a system that isn’t working.

And while that might be the easy choice – it’s not the right one. The privilege of serving in government demands more of you than that.

You can’t just nod along while young Australians tell you that the deck is stacked against them. You have to do something to give them a fair crack. That is the choice our government has made.

Over the forecast period, Australia’s ageing coal-fired power stations will close … At the same time, consumers are continuing to invest in rooftop solar and home batteries. [That] benefits all consumers by reducing the need for grid-scale investment.

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Jun 24, 2026 Australia news Australian politics Australian economy

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