Building new coal-fired power stations should be market's decision, Turnbull says

PM says there is a role for government but 'the goal should always be for investment decisions to be made by the market'

Malcolm Turnbull says it is better the market decides whether or not to build a new coal-fired power station in Australia rather than delivering that outcome through government intervention.

The prime minister was asked at an economic forum in Melbourne on Thursday whether the government would intervene to see new coal plants constructed, or whether it would leave that decision to the market.