January 14, 2008


Costs 'lower' for privatised power (Imre Salusinszky, January 15, 2008, The Australian)

VICTORIAN consumers are paying less for electricity now than in the days when the stategovernment owned and ran thepower industry, undermining claims by unions in NSW that privatisation means higher prices.

A new report by Victoria's utilities regulator shows power costs for some small businesses have fallen by more than 20 per cent since former premier Jeff Kennett sold off the industry in the mid-1990s.

The NSW Labor Government has seized on the report as it battles unions over its planned electricity sell-off in NSW.

Chalk up another one for Adam Smith.

Posted by Orrin Judd at January 14, 2008 9:52 AM
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