Gillard won’t fix gold plating

Julia Gillard has launched a media offensive on power prices but her proposals – largely plagiarised from the AEMC – fall well short of her claim of banishing "gold plating". Useful reform appears some way off.

Readers of the Sunday newspapers were greeted with headlines that Gillard had a plan to fix the gold-plating that has been taking place in electricity networks. Apparently her plan will save electricity consumers $250 per annum.

Sorry to spoil the party but it won’t rid us of gold-plating, and in fact it’s not even her plan; it’s pretty much been plagiarised from the Australian Energy Market Commission (AEMC).

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