Love this headline, of course power will go up under Labor, - TopicsExpress



          

Love this headline, of course power will go up under Labor, electricity more than tripled under Labor and we should not expect any different. The only people who benefit from Labor are the unions with their demands and Labor have to give into them because the unions own them. Labor have no clue how to pay off the debt therefore rely on spin to get them through. QUEENSLAND Labor Leader Annastacia Palaszczuk released her “fiscal strategy and debt action plan” last Friday. It gives voters two weeks to savour the prospect of yet another power price shock. But unlike price rises driven by the carbon tax and federally mandated network cost increases, this one would be home grown. As part of Labor’s debt reduction plan, Queensland’s two largest electricity generators — CS Energy and Stanwell Corporation — would be merged, saving, Labor says, $150 million a year. But reducing competition in electricity generation would increase household electricity bills by at least $100 to $200 a year. And that is only a small share of the likely difference in power prices under Labor and the LNP which could be as great as $500 a year. It is easy to see where the proposal comes from. The unions call the tune in Queensland Labor and are adamantly opposed to the LNP policy of leasing the government’s generators to the private sector, which would operate them more efficiently. m.theaustralian.au/opinion/electric-shock-in-store-for-voters/story-e6frg6zo-1227192541546?nk=9285da7233d3794a49be5f4b300d5884
Posted on: Wed, 21 Jan 2015 21:23:53 +0000

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