Everyone's a winner in Turnbull's power world. And if you believe that ...

"We believe, as many as two million Australian families, are paying more for their electricity than they ought to be paying ... so I'm very pleased to announce that today we've secured the agreement of the energy retailers to write to more of their customers to inform them that a better deal is available."
Prime Minister Malcolm Turnbull at a press conference today 
The Turnbull aim was clear: to persuade people he was acting to reduce their electricity bills. And for some people that might be right. Prices might go down for those - and I'm one of them - who have not shopped around to find the lowest price available.
But there is one thing I am equally sure of. Those evil electricity retailers are not about to adjust prices in a way that lowers their profits. If someone pays less then someone else will be paying more. That's just the way of capitalism.

Comments

Popular posts from this blog

Is Scott Morrison getting ahead of Malcolm Turnbull in the GST debate?

Prime Minister Scott Morrison under pressure as the question about knowledge of a rape gets embarrassing

Remembering that Labor only lost last time because of Bill Shorten