Rudd puts electricity reform number 1

Kevin Rudd was accurate in saying electricity reform is needed, but he'll need to overcome vested interests, particularly state governments, who have strangled reform through endless reviews.

In the economics, debt and deficit debate where Tony Abbott failed to turn up (as an aside – how much would it cost to recall parliament just for Kevin Rudd and Tony Abbott to have a debate?), Rudd outlined seven areas of priority reforms to improve productivity. In outlining them he said:

Number one: Domestic electricity price regulation in Australia, and the impact of the current carbon price as well as the future availability of competitively priced domestic gas supplies are high on the agenda.

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