Original article by Phillip Coorey
The Australian Financial Review – Page: 6 : 12-Jun-19
Finance Minister Mathias Cormann has reiterated the federal government’s commitment to reducing electricity prices by 25-30 per cent by the end of 2021. He notes that the Coalition has a range of policy initiatives aimed at achieving this goal, including its so-called "big stick" legislation and its proposal to underwrite baseload generation projects. Action to reduce power prices is among the key demands of Senate crossbenchers in return for backing the Coalition’s income tax cuts package.
AUSTRALIA. DEPT OF FINANCE, ONE NATION PARTY, CENTRE ALLIANCE, AUSTRALIAN CONSERVATIVES, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN LABOR PARTY