Wednesday, 11 July 2018

The ACCC and the electricity market

The ACCC released their report on the electricity market yesterday.

I am totally with John Quiggin on this.
It doesn't take a Rhodes scholar to understand the electricity market would not be a competitive market where consumer sovereignty reigns.

Where was the ACCC when all these worthless privatisaons were occurring?

I should have added can some-one tell the innumerates that coal fired power stations are the highest cost alternative please. See HERE