CroweDM Desperate. Would JoshFrydenberg do the same with the oil and gas sector?
CroweDM Did they get this idea while visiting China? Or maybe not as many utility companies are Chinese owned. 🙇♀️
CroweDM Had Labor proposed this the LNP would be howling it down as anti-business ... let the markets decide!! The LNP is rudderless and has no idea what it stands for.
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Public interest test in draft energy laws - 9NewsEnergy companies will be forced to sell their assets if it's deemed to be in the public interest, under laws reportedly being considered by the government. 9News There is a role for Govt in managing essential utilities. The only Monopoly&or Duopoly should ONLY be a Government one Govt owned essential Services. Essential Services should ONLY be owned By the People the Government remember AUS when power affordable reliable&great profits benefit all great employment THEN PRIVATISATION=EXPLOITATION
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Frydenberg rubbishes claims divested energy assets could be privatised | Sky News AustraliaTreasurer Josh Frydenberg has rubbished claims the government’s ‘big stick’ energy legislation would allow a divested asset to be privatised.\n\nSpeaking with Sky News, the Treasurer dismissed concerns from the Opposition and business groups as just another Labor scare campaign ‘a la Mediscare.’\n\nThe contentious legislation, which is likely to pass the lower house on Thursday, would allow the break-up of big energy companies following a recommendation from Australia’s competition watchdog. \n\nImage: News Corp Australia\n\n JoshFrydenberg Frydenburg is a fraud & a liar. auspol JoshFrydenberg They're all liars! JoshFrydenberg So what happens after the asset is divested? It just vanishes?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
US to ban technology sales to rule-breaking Chinese companies under proposed lawA bipartisan group of United States politicians introduce legislation banning the sale of US technology components to Huawei, ZTE Corp or other Chinese telecommunications firms that violate US sanctions or export laws. Here comes the GFC version 2.0
Source: abcnews - 🏆 5. / 83 Read more »
Sumo admits luring consumers with cheap deals then upping power pricesA Melbourne energy company has admitted advertising cheaper rates to sign up new customers before increasing electricity prices without warning several months into a contract. Seems more regulation is needed.
Source: theage - 🏆 8. / 77 Read more »
Govt to introduce 'big stick' energy laws - 9NewsThe federal government will introduce divestment laws to parliament this sitting fortnight while threatening future intervention in Queensland's energy market. KellyAlspals LNP like their big sticks and threatening people dont they.
Source: 9NewsAUS - 🏆 10. / 72 Read more »