Energy crisis will not distract from urgent economic reforms, Anthony Albanese says

Prime minister will tell National Press Club the country was vulnerable before the crisis and must be better prepared for future shocks

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Anthony Albanese says the global energy crisis will not weaken Labor’s ambitions for urgent economic reforms, promising the May budget will fight inflation and deliver for Australians who feel the system no longer works for them.

In a major address as the war in Iran wreaks havoc with the Australian economy, the prime minister will tell the National Press Club in Canberra on Thursday that the country was vulnerable before the current crisis and must be better prepared for future international shocks.