Thursday, October 28, 2010

Keneally acts to bring down electricity costs

Kristina Keneally says she will cut electricity bills by delaying infrastructure. Smacks of the NSW government's policy for roads and rail! Now we are to be exposed to power cuts as well as jammed roads and packed trains.

Apparently Energy Australia has given in to government pressure and agreed to defer spending. Why not? They will be able to charge more next year for doing the same work more urgently.

It seems the government's long term plan is to do nothing and prepare to blame the Liberal government next year for both increased electricity bills and power cuts. And of course in the same paper the government brags of having made a surplus because of increased house sales and tax revenue (sales tax and the new ad valorem tax). Is it fair to say you have made a profit by not spending on essentials?

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