ANALYSIS: Is It Time To For WA Government To Lower Power Bills?

ANALYSIS BY: Elson Goh, Curtin University instructor and certified financial planner. We have all heard the good news that WA may be returning to budget surplus sooner than expected. This news is further enhanced by the announcement that the government will be spending some of the money on keeping power bills low. It has been established…

More Help Needed for Youth Amid Household Power Price Hikes

Social services advocates have called for more help for young Western Australians to face high electricity costs, despite treasurer Ben Wyatt stating  there would be a less severe increase than in previous years. Western Australian Council of Social Services (WACOSS) CEO Louise Giolitto said young Western Australians would continue to be the hardest hit regardless…

ACCC Calls For Overhaul to Electricity Market to Cut Power Prices

Australia’s consumer watchdog claims households and businesses could save hundreds of dollars in power bills, if a radical overhaul of the electricity market is implemented. The Australian Competition and Consumer Commission (ACCC) has found in a year-long audit of the system that it was “broken” and needed to be “reset”. It believed a lack of…

Power & Water Bills To Go Up Again

Pressure for households to pay their utility bills is set to worsen as electricity and water prices are expected to increase in the State budget’s forward estimates. This comes after the Labor Government’s recent utilities of 10.9%. There is an 8.8% gap between what consumers are paying and the cost to the state in generating…

Federal Power Board Needed Despite Loggerheads

A new over-arching energy board to help monitor security issues in the National Energy Market has federal and state ministers divided. This board, which was one of the key recommendations from the Finkel review, was discussed today at the annual Council of Australian Government energy council meeting in Brisbane. Post graduate Researcher at Curtin University…

WA Locks In Lithium Joint Venture Investment

After South Australia struck a historic deal with energy entrepreneur Elon Musk, WA is set to follow the neighbour’s footsteps by announcing the lithium joint venture investment. Chilean company Sociedad Química Minera De Chile (SQM) and Kidman Resources has reached a landmark agreement to build a 50:50 joint lithium project in Mount Holland. As a…

Four Uranium Mining Project Gets Green Light Despite Government Ban

Environmentalists and Aboriginal activists gathered at the steps of Parliament on Thursday to protest against the upcoming uranium mining projects approved by the previous government. Despite the Labor Government honoured its promise of banning uranium mining, four projects that were approved by the former Barnett Government will be going ahead despite the change. Anti Uranium…

WA Households Face Fee Hikes to Aid Budget Repair

Western Australians will be hit with higher bills, with Treasurer Ben Wyatt announcing a range of increased fees and charges for households. The bump up in costs will result in a 7.7 per cent  hike across the board from July 1, expecting Western Australians to share the burden of repairing the State Budget. Electricity will…

Finkel Recommendations Will Push Up Power Bills By 20 Percent

A 20 percent price hike on electricity is set to take place if the Turnbull government decides to adopt recommendations from the latest Finkel report. Prices are expected to surge from 26 cents to 46 cents per kilowatt, if the clean energy target, set out by the report is implemented. The recommendations outlined in the…

Rowe appointed as new Chairman of Synergy

The WA Government has appointed Lyndon Rowe as the new full-time chairman for the state-owned energy giant Synergy, effective immediately. Mr Rowe was the head of the Economic Regulation Authority in WA since 2004. He is now taking over former chairman Michael Smith’s position after Verve Energy was merged back with Synergy. Mr Rowe was…