There is no hearing...this is their ruling, its done! The did listen, didn't give a fuck and raised it by 10%......oh sorry to be fair did acknowledge that they recognise that "people are doing it tough at the moment" but suck shit here's your new bill.
Know of any other industry where a federal government body examines the retail price of the product, sets a default price for the industry after consultation with the retailers about their cost margins, and insists they don't raise that for 12 months?
You dont see it for any industry that i can recall.
personal view - awesome.....hopefully follow suit with the rumblings of such an abomination in Cooloola
That's one of the jobs the Australian Energy Regulator does, and what it's just done, set a maximum price the retailers can charge for the default plan, the one that's simple and understandable, for the next 12 months. Of course the retailers don't have to lift their prices to that, but you can bet they will. The retailers include both private enterprise ones, and at least in Qld a state govt. owned corporation.
Serios question here, not taking the piss, why don't people like wind farms?
https://www.mackinac.org/blog/2023/clean-energy-isnt-clean
Haven't you heard from the US president who claims to be an expert. They kill thousands of birds and the ones popping up along the coast lines are killing all the whales.
I took the tablet Hilly, honest I did.