I am trying to figure out how the price cap works. How can they cap the price a company is allowed to charge for something. Isnt that something the ACCC spends a fortune on trying to allow the market to set prices. If they are able to do it to coal producers to help reduce enrgy costs then surely they should do the same to petrol prices which have more than doubled over the last twelve months. or perhaps they should put a cap on the amount banks charge for finance as interest costs which are more than 3 x the reserve bank cash rate are also crippling consumers. Have I missed something as to how it works?
Ann: Dividend Declaration, page-236
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