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DeepNewz, mobile.
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Australia's energy market is experiencing changes with the Australian Energy Regulator drafting price cuts for households and small businesses. The Labor government's promise of reducing power prices by $275 prior to the election is under scrutiny as experts warn consumers not to expect significant relief. The Essential Services Commission in Victoria is proposing reductions of 6.4% for households and $112 a year, and 7% for small businesses. Climate Change and Energy Minister Chris Bowen acknowledges the need for more work to bring down electricity prices.
Sky News host Chris Kenny says the immigration level in Australia is “out of control” as the cost-of-living crisis worsens for households. https://t.co/IBmkyJRWuh
Sky News host Chris Kenny has broken down the news that power prices are on the way down for some, saying the Albanese government thinks it's "onto a winner". https://t.co/nptwYKxczr
There's no nationwide cap on electricity prices in Australia — instead, they're set by a hodgepodge of regulators and state governments. Here's how to make sense of them. https://t.co/G1i2R3f3Fh
