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Australian Energy Retailers May Face Intervention On Prices

by gulfnews.com posted 1month ago 22 views
Wholesale charges have fallen by about 30% from last year and that should start to flow to customers. : Melbourne: Australia’s energy retailers face further government intervention in the market if they don’t move to lower power prices for consumers after a drop in wholesale charges, according to Energy Minister Josh Frydenberg.Wholesale charges have fallen by about 30 per cent from last year and that should start to flow to customers, Frydenberg said Sunday on Sky News.

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