abbott elected on basis of a great big lie ?, page-15

Everyone with half a brain knows the increase in electricity prices is mainly due to power companies gold plating their expenditure on poles and wires and the carbon tax was a minor issue compared to that. Of course it's know up to Abbott and Hockey to gold plate their response after another of their scare campaigns. How much more tax are people going to pay because of Direct Action?

"THE massive 70% rises in the cost of electricity in the past five years came down to spiralling network costs and flaws in government regulation, a Productivity Commission inquiry has found.

A report released by the commission on Wednesday found the regulatory flaws, industry inefficiencies and the network costs - largely "gold-plating" of the network - were the chief drivers of the price increases.

While the report debunks any myth that the carbon tax was the chief driver of the surge in the cost of power bills, it also confirms more work needs to be done to address the complex problems. "

http://www.news-mail.com.au/news/massive-70-rises-in-the-cost-electricity/1922386/