Posts tagged "electricity prices"

Power bills for small businesses reliant on 'default' energy offers are projected to rise anywhere between 15% and 33% from July this year, with regulators now urging struggling businesses to seek out government relief programs to cope with the impending bill shock.

Peter Dutton has handed down his budget, slamming Labor over its push towards renewables and its tabled industrial relations bill.

Australia's consumer watchdog says it is prepared to take action against energy market participants "distorting or manipulating" prices, as households and small businesses feel the brunt of extreme cost increases.

We may be in the early stages of an energy price shock comparable to the 1973 oil price crisis.

Small businesses in NSW, SA and southeast Queensland will see an increase in their energy bills starting from July 1, 2022, with the latest statistics from the Australian Energy Regulator showing a hike in wholesale electricity prices.

So far this year, average spot prices have been about 50% higher than last year in Victoria, South Australia and Tasmania, about 80% higher in NSW, and 150% higher in Queensland.

How will the government’s default pricing measures work? Are they the best solution? And will small businesses be disadvantaged?

The Greens want small business to ditch gas were possible and embrace a clean energy future, supported by $200 million in taxpayer grants.

The Council of Small Business of Australia is going on a fact-finding mission to determine exactly how energy costs are affecting small businesses.

Business leaders have weighed in on the nation’s rising electricity and gas prices, labelling it a “crisis” that will destroy margins …