Albanese’s Energy Crisis Response: Inflation Gaslighting or Real Fix? (2026)

The Albanese government's response to the energy crisis has been a complex and controversial affair, with a particular focus on the handling of inflation and the role of the Prime Minister and Treasurer. The article highlights the government's efforts to secure fuel supplies and the Prime Minister's call for restraint, but it also delves into the criticism that the government is 'gaslighting' Australians by downplaying the impact of inflation. This term, 'gaslighting', is used to describe the government's strategy of manipulating public perception and downplaying the severity of the situation. The author, Richard Holden, an economics professor, argues that the Prime Minister is enabling the Treasurer's 'whitewashing' of the government's actions. Holden's perspective is that the government's approach is not only ineffective but also potentially harmful, as it may lead to a false sense of security among Australians. The article also touches on the broader implications of the government's strategy, suggesting that it could have long-term consequences for public trust and economic stability. Holden's commentary is particularly insightful, as he highlights the psychological and cultural aspects of the situation, arguing that the government's tactics may be more damaging than initially apparent. The article concludes by emphasizing the need for a more transparent and honest approach to addressing the energy crisis and its impact on the Australian people. Holden's opinion piece serves as a critical examination of the government's handling of a critical issue, offering a unique perspective on the challenges of governance in a time of crisis.

Albanese’s Energy Crisis Response: Inflation Gaslighting or Real Fix? (2026)

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