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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