The shocking warning that already-sky high energy prices in Australia could soar by as much as 50 per cent in the next year has nothing to do with the conflict in Ukraine.
Thirty-one years after Australia embarked on electricity ‘reform’—corporatisation, privatisation, deregulation, national electricity market, and the renewable energy target—the experiment has been a massive failure.
While the major banks, regulators and government have done everything in their power to block any moves towards bank separation, they have ignored one important point: separation would be good for the banks as businesses.
The following release is an article by Robert Barwick in the 29 May 2019 Australian Alert Service, the weekly magazine of the Citizens Electoral Council.
