Opinion
No, Scott Morrison is not cutting our power bills
The Federal Government’s latest plan to reduce power bills won’t do any such thing and may have some unintended consequences, writes Michael Pascoe.
Opinion
The Federal Government’s latest plan to reduce power bills won’t do any such thing and may have some unintended consequences, writes Michael Pascoe.
News
A “big stick” will be taken to energy companies in a bid to force immediate price reductions and win Malcolm Turnbull support for his national energy plan.
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AGL has boosted full-year profits courtesy of a surge in wholesale power prices which helped counter lower retail earnings.
A month out from the Marshall Government’s first Budget, Treasurer Rob Lucas says taxpayers are about to be hit by a $45 million spike in the price of electricity supplied to government – and he’s blaming Labor.
Spending on electricity infrastructure, especially by government distributors, has greatly exceeded growth in demand – and the poorest households will increasingly be left carrying the can, argues Bruce Mountain.
Council electricity costs will blow out by an average of 17 per cent – and as much as 70 per cent in some areas – despite the Local Government Association insisting it secured the “best possible price” in its new supply deal, InDaily can reveal.
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