Minister's blast: Power company 'record profits' must stop

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The federal government has launched a strident attack on the nation's largest power companies accusing them of making runaway profits

 

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Whilst many of its MPs relentlessly blame renewable energy for high power prices, backed up by a cabal of right wing shock-jocks and so called media outlets. Bring on the election!

But aren’t the Liberals on the side of business? That runaway profits are good? That those businesses that barely pay any tax should get tax cuts? And government subsidies & contracts? That workers & customers don’t count so long as there is profit?

Minister: 'Ok guys, stop making all this profit.' Power company: 'Oh! Yes minister. Of course. Sorry minister. Right away!' The Public:

Would that be the same government that upholds privatisation as the way to go? Libs set this in motion, selling public assets, deregulating. Bleating after the fact when the inevitable happens is akin to watching the horses ass bolting standing next to the stable door.

Whoever sold the power companies off should be stripped of their assets and parliamentary pensions .

It’s what happens when Govts sell public infrastructure to private enterprise. Thanks to Govt f....wits, we now have no control over prices. KenODowdMP auspol

FFS. This is no different to you lot blaming Malcolm because the LiberalAus lost the Victorian election. YOU privatised energy in each state, YOU DID. The inevitable happened. Thanks for the fuck up, again.

Funny! Theyve known that for decades! And now they complain? Rubbish!

Excuse me but isn’t maximising profits what they are supposed to do? It is Government inaction with respect to energy policy that has caused the issues we now have. Remember how privatisation was going to be the panacea?

They bray like jackasses, but as for implementing a reserve policy for gas for Australian citizens & businesses.. Forget it.

Then the energy minister should do something about it. All talk and no action, as usual.

But it was privatised under their watch, they agreed to their rules, now screaming

Hahaha who needs the comedy channel when you have these clowns?

LNP used to say greed is good Now b4 election 2019 d big profit is an embarrassment They r gouging us on gas n power Gas cowboys have been allowed to hijack Bass Str gas for export When power &gas were in gov hand prices were cheap Like airport charges now costly

Muppets. privatisation clearly worked well.

What do you expect? They have the same playing rules in place that caused bank failures and the gfc. zerocontrol Except now the greed players are the biggest uncontrolled and Government enabled monopolies in town, the Power Generators. bytheballs wholesalemarketscam

Yer but, no but, privatisation will bring prices down.

The free market is good, except when it does the thing it's built to do and I don't like it, and then it's bad

That’s what happens when political party’s sell our infrastructure to corporations....the people get screwed

Isn't that what businesses are suppose to do

About 5 years to late 🤣

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