Govt to move ahead with its 'big stick' legislation | Sky News Australia

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Labor has refused to say whether it will back the Coalition's contentious 'big stick' energy legislation. Speers

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Nor should they vote for a ridiculous policy

big stick is a lay term for price control. It never ends well. Let's see how long before retailers start hinting about staff layoffs...?

Good way for Albanese to lose the next election if Labor rejects the legislation

What exactly is this 'Big Stick'? Any chance of some LNP Government information instead of lying about the Opposition?

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Govt to reintroduce 'big stick' energy legislation | Sky News AustraliaThe Coalition will reintroduce its ‘big stick’ energy legislation this week as power bills start to fall under tough new pricing laws. \n\nThe laws would enable the federal court to break up and sell the assets of an energy company accused of anti-competitive behaviour. \n\nAfter previously opposing the policy, Labor said it would take another look at the legislation. \n\nOpposition leader Anthony Albanese accused the Coalition of failing to come up with new ideas, saying “the government doesn’t have a plan for an economy that frankly, is in serious strife”. \n\nImage: News Corp Australia Re introduce Coal Power stations problem fixed 😂😂😂😂 My Power prices are up PS: PM Morrison you campaigned to lower power bills by 25%, 2019 election, NOT Happening 2016 Trump said NO to the Paris agreement, Today power cost in the USA 25-30% of what they are in Australia?
Source: SkyNewsAust - 🏆 7. / 78 Read more »

'Big stick' legislation to keep energy prices down | Sky News AustraliaEnergy Minister Angus Taylor told Sky News “big energy companies are not being as aggressive as the smaller players on their best market offers” prompting the opportunity to get a better deal and to shop around.\n\nThe government has positioned itself to bring forward its 'big stick' legislation encouraged by the strong response from laws forcing retailers to cut their standard offers and keep their prices low.\n\nAlmost 900,000 customers have begun to benefit after the government imposed the scheme on July 1, according to an ACCC report due to be handed down on Monday.\n\nMr Taylor said “almost a quarter of small businesses are on standing offers”, but there is “very significant competition from the second-tier retailers”.\n\nSome household bills are dropping with savings estimated to be between $130 and $190 annually because “comparisons are possible in a way that wasn’t possible before”, he said.\n\nImage: News Corp Australia Did the LNP Grubberment put that “Big Stick” back up the arse ? ‘A Big Stick is Not an Energy Policy’
Source: SkyNewsAust - 🏆 7. / 78 Read more »