Labor gets zapped for consumer bill shock

Labor squashed the Productivity Commission's electricity price report as long as it could. That's not surprising given it points the finger at policymakers and recommends network privatisation.

Wholly obscured by the Labor leadership goings on, one of Julia Gillard’s last government acts was to finally table a report demonstrating that her much-touted power price promise of last December belonged in the ‘never mind the quality, feel the width’ stable of political rhetoric.

The Gillard promise to Australian households was that a $250-a-year cut in power bills would kick in “from 2014” as a result of reforms being supervised by her government and worked through the Council of Australian Governments.

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