‘No evidence’: Coalition rejects market intervention helped lower prices

which showed an increase of one to three per cent more than what was in the March draft.

AER chairwoman Clare Savage has maintained the rise could have been much worse if the government did not intervene in the energy market.She has previously warned that prices could have skyrocketed by between 35 and 50 per cent. “If you have a look at when the intervention took place, which was just before Christmas, prices were coming down before the intervention,” he told Sky News Australia.The government unveiled a $1.5 billion energy relief package in this month’s federal budget, which benefited about five million households and one million small businesses.

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Coalition must ensure no further anti-business bells and whistles added to energy dealSky News host Peta Credlin says it would be the worst of all possible worlds if Labor and the Greens funded their spending spree by levying more taxes on the resources sector which is the main source of Australia’s export income. The Opposition are considering if they present Labor with an alternative deal in order to avoid co-operation with the Greens. “If the Coalition says yes on the basis that it is going to make a bad bill less bad – well then Greens then become irrelevant,” Ms Credlin said. “The Coalition should step in and support the tax increases while ensuring no further anti-business bells and whistles get added.”
Herkunft: SkyNewsAust - 🏆 7. / 78 Weiterlesen »

Darling Point beachfront hits market with $70m guide - realestate.com.auAn incredible waterfront trophy home has just hit the market with jaw-dropping harbour views and a price tag that would make it one of Australia’s most expensive properties.
Herkunft: dailytelegraph - 🏆 21. / 51 Weiterlesen »