The prime minister has dismissed calls for a royal commission into the energy sector, despite pressure from a group within the Coalition who said they may support an inquiry.
The proposal has been brought forward by the Greens, who want a royal commission similar to the recent probe into the banking sector to investigate energy retailers and the prices they set.
The Greens will seek to introduce a bill setting up a commission of inquiry into power prices when parliament returns.
The move has found some support across the aisle, with Coalition backbenchers Rick Wilson and Michelle Landry indicating they would consider backing the inquiry.
Mr Turnbull is urging colleagues to wait for the findings of a recent power price inquiry by the consumer watchdog.
“They have already conducted a very extensive inquiry,” Mr Turnbull told reporters outside a mine site in Tasmania on Monday morning.
The ACCC handed its final report on energy prices to the treasurer on June 30, but the government is yet to reveal its contents or a response.
