What has Morrison's 'big stick' to cut power bills achieved? Nothing, as far we can tell
- Written by Kelly Burns, Senior Research Fellow, Victoria University
The Morrison government has spent years bringing in a law supposed to ensure electricity retailers pass on lower prices to customers. Yet so far that law appear to have achieved nothing, except add to regulatory red tape.
The so-called “big stick” law, threatening to punish electricity retailers for not passing on wholesale cost...