43 minutes agoThe budget forecast power prices would rise by 56 per cent over the next two years.abc.net.au/news/energy-prices-ministers-meeting-national-cabinet/101743018A lot of eyes will be on energy ministers on Thursday, as they take part in the first of two meetings this week between state and federal decision-makers focused on how to avoid skyrocketing power prices.
The aim of both is to reach some kind of agreement about how governments across the board will help reduce power bills for millions of Australians, while not making inflation even worse. As countries in Europe look to further wean themselves off Russian gas, Australian exports have been filling the gaps and benefiting from the high international prices.Anthony Albanese will discuss the issue during national cabinet on Friday.
Whatever the driver, the government is keenly aware that given everyone is also grappling with a rising cost-of-living and wages that aren't keeping up, the forecast jump in power prices could cripple some households and businesses.
Vote Labor out! that's how.
The beginning of the end was appointing boards and creating a market. Markets are 100% ruled by greed.
AlboMP Bowenchris
Consumers don't have influence power over electricty distributors. People with roof top solar get fuck all for their exported energy into the grid. Both states and federal governments have not made laws for feed-in tarrif. It is all bullshit talks by state/fed governments
I thought renewable energy is the cheapest form of energy.
Asking the State Premiers to cap coal is a strategic move. It’s not in the States interests so they will have to negotiate it and ultimately what the Federal government wants is to use this to blame the States for the huge price rises coming
The only way to reduce power bills is to create more supply. It's called economics 101.
Career politicians shuffling deckchairs.
101 - increase supply. Or is that too simple to understand?
I get a delivery fee which I use to not with the electric company . I really think my house is receiving to much electricity. The back of my small house does not work since this am. No Internet. Back of two rooms plugs do not work .Legal uthenization.
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