(SPACE)AUSTRALIA – POLITICS AND GOVERNMENT

Chris Bowen says renewables the right path despite energy price spikes

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Original article by Greg Brown,(SPACE)Colin Packham
The Australian – Page: Online : 14-Mar-25

Opposition Leader Peter Dutton said on Thursday that it was time for Energy Minister Chris Bowen to be sacked, following a draft ruling by the Australian Energy Regulator that will see electricity prices rise by as much as nine per cent from July. Dutton claimed that household power bills have gone up by as much as $1,300 under Labor, and that the Coalition will restore "balance" to the electricity sector by abandoning Labor’s 82 per cent renewables target. However, Bowen maintains Labor’s push to boost the amount of electricity that is generated from renewable energy is the right way to go in terms of getting energy prices down, and that the Coalition’s intention of keeping coal in the system for longer would result in even higher electricity costs for Australians.

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AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER,(SPACE)AUSTRALIAN ENERGY REGULATOR,(SPACE)AUSTRALIAN LABOR PARTY

Families lost $19,000 a year, says Coalition

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Original article by John Kehoe
The Australian Financial Review – Page: 3 : 14-Mar-25

Recently published national accounts data revealed that real household disposable income per person has fallen 7.9 per cent since just before the May 2022 federal election. Analysis of this data by the Coalition has led it to conclude that households have $19,000 less disposable income to spend a year than before Labor came to power, with shadow treasurer Angus Taylor saying that even Treasurer Jim Chalmers’ figures suggest it will be at least 2030 before people will be as well off as they were before Labor came to power. However, Australian National University economist Ben Phillips says pandemic-era stimulus meant living standards were not as bad as suggested by Taylor, with Phillips saying real household disposable income per person was similar over the five years to 2024 to what it was under the Coalition for the five years before the pandemic.

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AUSTRALIAN NATIONAL UNIVERSITY