Energy Minister Angus Taylor says wholesale prices in Australia have "halved from where they were", and has ramped up pressure on companies to pass on the savings. Mr Taylor said the government was "very clear" it wanted to see "wholesale prices moving towards $70mwh".
"Even before the coronavirus crisis hit we saw wholesale prices halve, we want to see that passed on to customers as contracts roll over. "For heavy industry, it's the vast majority of the total cost in energy and that's a crucial point as we want to see job recovery happening on the other side of COVID-19." Image: News Corp Australia
AngusTaylorMP Lets see some action!
AngusTaylorMP Good job AngusTaylorMP Ignore the wabble!
AngusTaylorMP Bullshit ..
AngusTaylorMP Did his office download a 'document' again?
AngusTaylorMP auspol Halved ?
AngusTaylorMP Has anyone checked where he 'accessed' those data?
AngusTaylorMP Prices drop thanks to cheap renewable energy that he despises....the irony.
AngusTaylorMP There’s no way no how the power companies will pass on 1 cent of savings. Electricity is an essential service & should be part of our nation security infrastructure. But both the LNP & Labor has sold off these to foreign corporations including Communist China. Both are to blame!
AngusTaylorMP How do we get this clown out of parliament before he does any more damage?... ICAC