States’ renewables push ‘stalling productivity’ | Sky News Australia

DPG Advisory Solutions Director David Gazard says the Coalition’s call for Australian businesses to do more to increase productivity could involve the federal government fixing “legacy issues”. “There are some of these critical areas, like energy for instance, where the states have sole regulatory capability for energy.

” “The feds are now trying to catch up and fix up a whole range of new legacy issues that have been created through the states by pushing into renewables that are driving up energy prices.” He said that’s going to “stall productivity” for major businesses. His remarks come after Treasurer Josh Frydenberg said “what is in our control is our ability to influence productivity with the right policy settings and business practices”. “Should we get our average annual productivity growth from 1.

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