Tuesday, February 03, 2015

The slippery Creighton

Adam Creighton bemoans in the Oz today that Campbell Newman's desire to privatise electricity distribution is a good thing that Queensland is missing out on:
The Liberal National Party never adequately explained how that would improve the lives of ordinary Queenslanders — by cutting power prices. The Victorian and South Australian governments privatised their electricity distributors between 1995 and 1998. Since then, the cost of Queensland’s electricity network (the biggest component of household bills) has risen more than 120 per cent while falling in the two southern states, according to a recent Ernst & Young study.
Fascinating.  Yet what are the actual electricity costs in Queensland, Victoria and South Australia?  

According to this 2014 report, SA is significantly more expensive, as is most electricity in Victoria.



Adam's highly selective way of looking at matters is not to be trusted without looking into more detail.

No comments: