Turnbull to increase Snowy Hydro stake if states will not fund expansion

By Adam Gartrell, James Massola
Updated March 17 2017 - 4:53pm, first published 4:47pm
Prime Minister Malcolm Turnbull addresses the media after his tour of the Snowy Hydro Tumut 3 power station in Talbingo, NSW, on Thursday 16 March 2017. fedpol Photo: Alex Ellinghausen Photo: Alex Ellinghausen
Prime Minister Malcolm Turnbull addresses the media after his tour of the Snowy Hydro Tumut 3 power station in Talbingo, NSW, on Thursday 16 March 2017. fedpol Photo: Alex Ellinghausen Photo: Alex Ellinghausen

The federal government will increase its stake in the Snowy Hydro if NSW and Victoria refuse to help finance Malcolm Turnbull's ambitious expansion plan.

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